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Fiat to pay up to $300 million for Chrysler shares
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06-28-2012, 02:42 PM
(This post was last modified: 06-28-2012 03:08 PM by car fanatics.)
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Fiat to pay up to $300 million for Chrysler shares
Source
Photo credit: Fiat June 28, 2012 By: CF staff Fiat is expected to increase its stake in Chrysler to 61.9% from 58.5% as early as next week by purchasing shares held by a large trust fund that provides health care for retired union workers, people familiar with the matter said. Fiat would exercise an option to buy a small number of shares in Chrysler from the United Auto Workers retiree healthcare trust early next week, these people said. The option allows Fiat to buy a 3.3% stake. In rounded figures, that will increase Fiat's stake to 61.9% Reviews |
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06-28-2012, 05:21 PM
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RE: Fiat to pay up to $300 million for Chrysler shares
does Fiat even have $300 million?
Chrysler's making all the money!
![]() 2000 Dodge Neon ES @dougieshep |
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Chrysler's making all the money!
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