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NOT A SUBSCRIBER?Chrysler sale motion to Fiat on tapPosted on May 5, 2009 2:30 PM
Laywers for Chrysler LLC will troop back into court Tuesday afternoon, hoping to win a judge's approval of bid protections for a $2 billion sale to Fiat SpA.
The sale would give the Italian carmaker a 20% stake in Chrysler and an opportunity to increase that to 51%. The new Chrysler would also receive $6.9 billion worth of technology, the debtor's chief financial officer, Ronald Kolka, said during Monday's hearing. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline.
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