Chilson and Corner Motors complete merger
Posted: April 11, 2008
Cadott-based Corner Motors is now known as "The New Chilson Corner Motors" after the proposed merger of the two Chrysler dealerships was recently approved by Chrysler,LLC.
As was first reported in the Feb. 22, 2008, issue of The Bottom Line, the owners of the dealerships had to wait for corporate approval to complete the consolidation of operations.
Chilson Motors operates its Chrysler dealership in Chippewa Falls. Matthew Chilson is the registered agent for the newly-formed corporation. Neither Chilson nor Corner Motors President Jeff Deutschlander were available to discuss the deal prior to the Wednesday TBL deadline.
Chrysler, LLC, which was acquired by a private equity firm, Cerberus Capital Management, L.P., in August, 2007, has asked some of its dealerships to consider a consolidation. TBL