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Fiat (FIATY.PK) will buy additional shares in Chrysler and boost its stake in the automaker to...

  • Thursday, June 28, 2012, 7:21 AM ET
    Fiat (FIATY.PK) will buy additional shares in Chrysler and boost its stake in the automaker to over 61%, according to the WSJ. Industry insiders expect Fiat and Chrysler to continue to meld into one company and discount the possibility of a Chrysler IPO in the current climate.
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