Chrysler Group to Be Sold for $7.4 Billion--EXPLODE--http://digg.com/business_finance/Chrysler_Group_to_Be_Sold_for_7_4_Billion_2--EXPLODE--DaimlerChrysler confirmed today that it would sell a controlling interest in its struggling Chrysler Group to Cerberus Capital Management of New York, a private equity firm that specializes in restructuring troubled companies. The price being paid is $7.4 billion, mostly in the form of capital that Cerberus will put into Chrysler.