Chrysler Takes Technologies Units Off Market: Chrysler...
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From Times Staff and Wire Service Reports
Chrysler Takes Technologies Units Off Market: Chrysler Corp. said last December that it was considering the divestiture of its four Chrysler Technologies operating units. It sold one of them--Gulfstream Aerospace--in March for $825 million but now says it will not pursue the sale of the others, which are Electrospace Systems, Airborne Systems and Pentastar Electronics. The units have 3,500 employees in Texas, Alabama and Virginia.
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