Fiat to Up Ownership of Chrysler to 52 Percent, Take Controlling Interest

Today, Fiat announced that it would be spending an additional $500 million to buy the last of the U.S. Treasury’s shares in Chrysler, which will give it a controlling 52-percent share in the Pentastar company. Just a week ago, Fiat pumped $1.3 billion into Chrysler, upping its stake from 30 to 46 percent of the [...]

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