Fiat-Chrysler merger in a waiting game

• The planned merger of Fiat (FIATY) and Chrysler into a new entity called Fiat Chrysler Automotive will push forward only if Fiat has to spend €500M ($696M) or less to buy out shareholders not wanting to participate.
• ISI Group estimates it would only take 5.18% of Fiat shareholders to take the buyout deal at 7.727 euros per share to reach the €500M level.
• A tally on the number of shareholders exercising their buyout rights should be known by August 25.