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Old 20-01-2009
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Default Fiat buying stake in Chrysler - CNN Update

Fiat has had trade in its shares suspended pending an announcement on its acquiring a 35% stake in Chrysler. Fiat would supply its techologies and platforms to Chrysler. Here is the link:

http://edition.cnn.com/2009/BUSINESS...ake/index.html
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Old 20-01-2009
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Yep, just announced but it's a "non binding agreement".
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Old 20-01-2009
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Is a "non binding agreement" the same thing as a "non-core promise" (in Ruddspeak) ?
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Old 20-01-2009
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the news has been saying every man and his dog has been buying chrysler lately
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Old 20-01-2009
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"Fiat did not commit any cash to the deal, and made no vows to do so in the future."

http://www.freep.com/article/2009012...ance+with+Fiat
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Old 20-01-2009
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Lots of stories about ........

http://www.latimes.com/business/la-f...,2075091.story
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Old 21-01-2009
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[QUOTE=carvesdodo;933185]Lots of stories about ........

Yeh Carves - Wake me when there's a done deal.
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