Sunday, May 29, 2011

Fiat Ten Days Away From Majority Stake In Chrysler

By June 6, Fiat will own a controlling stake in American automaker Chrysler. The Wall Street Journal reports that Fiat will exercise an option in its contract to invest in Chrysler, to buy a 6-percent stake held by the U.S. Treasury. The purchase, to be executed within 10 days, eventually will raise Fiat's total stake in the Auburn Hills...



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