[lbo-talk] Chrysler says no basis to bankruptcy rumor

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Sun Jul 6 06:01:50 PDT 2008

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Chrysler says no basis to bankruptcy rumor http://www.reuters.com/article/businessNews/idUSN2630646320080626?sp=true

Thu Jun 26, 2008

By Kevin Krolicki

DETROIT (Reuters) - A spokesman for Chrysler LLC said on Thursday that market rumors of a bankruptcy filing by the privately held automaker were "without merit," saying the company had ample liquidity.

"The rumor is without merit," Chrysler spokesman Dave Elshoff said. "There is no basis for the rumor." http://www.reuters.com/article/businessNews/idUSN2630646320080626?sp=true

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