Thursday, August 1, 2013

Court ruling to delay Fiat's Chrysler buyout?

Court ruling to delay Fiat's Chrysler buyout?

We've already reported on the attempts of Fiat to purchase the remaining 41.5-percent stake in Chrysler, currently owned by the United Auto Workers' VEBA healthcare trust. And while the issues still aren't resolved, Fiat has received both a bit of good news and a bit of bad news from a Delaware judge. The good news is that the court ruled in favor on two key arguments of Fiat's, relating to what is a fair price for the Chrysler shares.

Autoblog , Court ruling to delay Fiat's Chrysler buyout?, Court ruling to delay Fiat's Chrysler buyout?

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