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'''Chrysler Holding LLC''' is the new entity formed after the German-American automaker [[DaimlerChrysler AG]] agreed to sell 80.1 percent of its money-losing Chrysler Group to Cerberus Capital Management LP, a private equity firm, on May 14, 2007. This marked the end of a nearly decade-old attempt to merge the U.S. brand with [[Mercedes-Benz]]. DaimlerChrysler will keep a 19.9 percent stake in Chrysler Holding LLC.
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