Ooo-ooo-ooo......viscious dogs.
What is Cerebrus trying to tell us w/ that?
FROM FORBES: Named after the mythical three-headed dog that guards the gates of hell, Cerberus Capital Management has become a driving force among private equity firms.
One of its more recent moves is the purchase of 80% of Chrysler from Daimler in 2007.
Cerberus was also the lead investor of a group that acquired 51% of GMAC, the financing arm of General Motors.
The company also owns bus manufacturer Blue Bird and car parts maker TA Delaware (formerly Tower Automotive). Other holdings include a 45%-stake in Japanese bank Aozora, real estate services firm LNR Property, and a 52%-stake in ACE Aviation Holdings, the parent company of Air Canada.