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 DETROIT (AP) - Private equity firm Cerberus Capital Management LP likely will be the winning bidder to buy Chrysler Group from DaimlerChrysler AG, and an announcement could come as early as Monday, a Chrysler official said Sunday.
The official, who spoke on the condition of anonymity because negotiations still have not been finalized, said no announcement would be made Sunday.
The potential sale comes after nearly two months of study and negotiations by several companies interested in buying DaimlerChrysler's troubled U.S. operations.
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