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Monday, November 19, 2007

WSJ: Chrysler Loan Sale Likely Postponed

by Calculated Risk on 11/19/2007 08:17:00 PM

From the WSJ Deal Journal, Dana Cimilluca reports: Chrysler Loan Sale Likely Postponed

The $4 billion sale of loans connected to Cerberus Capital’s August purchase of Chrysler that was to take place this week will likely be postponed, a person briefed on the matter tells Deal Journal. Orders for the paper were due today, and so far, demand has been sluggish.