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Fiat Offers $125M To Canadian Government For Its Share Of Chrysler
Fiat, has offered Canadian government $125 million for its 1.7 percent stake in Chrysler. Last week, Fiat made a $500 million offer to the U.S Treasury to buy out the remaining 6 percent stake held in...
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Chrysler Files IPO, Speeds Valuation of VEBA Shares
Chrysler filed for an IPO today in a move that could help Fiat acquire the remaining 41.5 percent stake that it does not currently own. That share belongs to the UAW Retiree Medical Benefits Trust...
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Trial Date Set to Value Remaining Chrysler Share
The UAW Healthcare Trust that owns 41.5 percent of Chrysler will have almost another year to argue with Fiat over what its share of the company is worth. Fiat hoped for a May trial to speed settling a...
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Fiat Reaches Deal to Buy Remaining Chrysler Shares
Fiat has finally reached an agreement with the UAW’s VEBA Trust to purchase the remaining 41.46 percent stake that it does not own. Fiat will pay an overall $3.65 billion for the remaining shares....
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