Under the terms of the new plan, Chrysler’s lenders would receive about 22 cents on the dollar, plus a 5 percent equity stake in the reorganized company, a person with knowledge of the matter said.
Treasury Is Said To Increase Its Offer To Chrysler Lenders
By MICHAEL J. de la MERCED, New York Times
Wed, 04/22/2009 - 8:11pm
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