US Sells All Its Chrysler Stock to Fiat
The Treasury Department has reached a deal to sell its remaining 6% stake in Chrysler to Fiat for $500 million, making the Italian automaker Chrysler’s majority shareholder with a 52% stake, the Detroit Free Press reports. Fiat will then pay another $75 million for the government’s right to buy the…
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US Sells All Its Chrysler Stock to Fiat
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on June 3, 2011. Filed under News, World News.
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