Canada's TD Bank to acquire Chrysler Financial for $6.3 billion in cash

Toronto : Canada | Dec 21, 2010 at 4:55 AM PST

Source: MarketWatch

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Tuesday that it is buying Chrysler Financial from private equity group Cerberus for a total of $6.3 billion in cash. In a joint press release from TD and Cerberus, the companies said the purchase price includes net assets of $5.9 billion and about $400 million in goodwill. FULL ARTICLE AT MarketWatch

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