Chrysler files for stock offering Fiat seeks to avoid

By AFP
Updated on
Chrysler files for stock offering Fiat seeks to avoid (via AFP)

US automaker Chrysler reluctantly filed papers for an initial public stock offering after Italian parent Fiat failed to reach a deal to purchase the stake of a workers’ trust fund. Sergio Marchionne, who leads both Chrysler and Fiat, had repeatedly…



 

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