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(Image from article: "Creditors’ Deal Could Stave Off Bankruptcy at Chrysler")

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Treasury Sweetens Offer to Chrysler Debt Holders

The Treasury Department has sweetened its offer to holders of Chrysler’s secured debt in a last-minute attempt to keep the iconic American automaker out of bankruptcy court, according to people briefed on the matter.

 

Creditors’ Deal Could Stave Off Bankruptcy at Chrysler

Creditors’ Deal Could Stave Off Bankruptcy at Chrysler

Chrysler’s unsecured creditors have reached a preliminary deal with the Treasury Department, two people briefed on the matter said on Tuesday.

 

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