Fiat cash-outs under max; FCA hurdle removed

moparnut

Administrator
Fiat S.p.A. planned merger/migration with Chrysler, which it already owns, has cleared a hurdle: fewerthan €500 million worth of stock will be “cashed out,” according to the company. If shareholders had demanded that the company buy their stock back (due toItalian law), the merger and headquarters relocation would have been postponed....

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