cerberus : Definition, Usages, News and More
- n (Greek mythology) the three-headed dog guarding the entrance to Hades; son of Typhon
News & Articles
- 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 ...
June 22, 2013 - WDEF Chattanooga
- 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.
June 21, 2013 - Bloomberg
- 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, ...
June 21, 2013 - PR Newswire via Yahoo! Finance
- John Snow in International Herald Tribune
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."
- Lee Iacocca in Forbes
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...
- Tom LaSorda in Detroit Free Press
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...