cerberus cerberus

Definition(s):

  • (n) (Greek mythology) the three-headed dog guarding the entrance to Hades; son of Typhon

News

  1. Canadian firm buys Anniston-based bus manufacturer

    ANNISTON, Ala. (AP) — A Canadian company has purchased Anniston-based bus manufacturer North American Bus Industries. Winnipeg-based New Flyer Industries said Friday that it will pay $80 million to acquire NABI from Cerberus Capital, a private equity firm. The Anniston Star reports (http://bit.ly/125VfXk) that NABI employs more than 600 people and produces a line of heavy duty transit buses in ...
    on June 22, 2013     Source: WDEF Chattanooga

  2. Cerberus Completes Sale of North American Bus Industries, Inc.

    NEW YORK, June 21, 2013 /PRNewswire/ -- An affiliate of Cerberus Capital Management, L.P., one of the world's leading private investment firms, has completed the sale of North American Bus Industries, ...
    on June 22, 2013     Source: PR Newswire via Yahoo! Finance

  3. Cerberus Takes On Former World’s Richest Man for Seibu Control

    Cerberus Capital Management LP is battling Seibu Holdings Inc. shareholders including Yoshiaki Tsutsumi, once the world’s richest man, for seats on the Japanese company’s board. History suggests the investment company, run by Stephen A. Feinberg, will fail.
    on June 21, 2013     Source: Bloomberg

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Quotes

  1. John Snow, the former treasury secretary and the chairman of Cerberus, added, "Cerberus believes in the inherent strength of US auto manufacturing and the US industry. Most important, we believe in Chrysler."
    on May 14, 2007 By: John Snow Source: International Herald Tribune

  2. "With new contract negotiations set to begin this summer, many workers fear they'll be forced to make huge concessions," Iacocca wrote. "But that fear existed before the sale. If Cerberus is serious about reviving Chrysler, it will have to...
    on May 18, 2007 By: Lee Iacocca Source: Forbes

  3. "Cerberus is the right strategic buyer for Chrysler, with a long-term commitment to Chrysler's growth and success," LaSorda said. "They are committed to working constructively with both union leadership and Chrysler's management team to help...
    on May 15, 2007 By: Tom LaSorda Source: Detroit Free Press

Word of the Day
amalgamation amalgamation
/ə ˌmæl ɡə ˈmeɪ ʃən /