- Fiat Chrysler (FIATY) plans to list ~750M shares at $5.03 each on the NYSE later this year, and could start trading as soon as Aug. 2, pending shareholder approval in August of a proposed merger of the two auto makers, according to a new SEC filing.
- The merger plan must win Fiat shareholder approval at a special meeting scheduled for Aug. 1.
- A "loyalty voting structure" will allow shareholders who hold their stake for three years to have two votes for each share they own, a move that favors the Agnelli family, which has controlled Fiat since its founding and still owns 30% of the company.
From other sites
Video at CNBC.com (May 26, 2015)
Video at CNBC.com (May 20, 2015)
Video at CNBC.com (May 12, 2015)
Video at CNBC.com (Feb 27, 2015)
at CNBC.com (Jan 5, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs