Fiat Looking to Purchase Remaining 41.5 Percent Stake in Chrysler

Fiat and the UAW are in court, waiting for a decision on how to proceed with regards to the remaining 41.5 percent stake in Chrysler, currently held by the union’s VEBA retiree trust. Fiat CEO Sergio Marchionne is considering purchasing the rest of Chrysler and then issuing an IPO to cover the costs. More at Autoblog

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