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This merger is a possibility for two reasons. GM needs money, which they would get from such a deal since it is pretty obvious that money is all Cerberus brings to the table, and Cerberus needs somebody to run their new toy, the Chrysler Corporation, since they obviously have not even the vaguest notion of how to do it themselves.
Both GM and Cerberus entertained a merger with Ford prior to starting talks with one another. Ford said no to both of them.
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