Fiat Scores Partial Win On Price Of Chrysler Shares

Law360, New York (July 30, 2013, 8:15 PM EDT) -- Italian automaker Fiat SpA won a small victory Tuesday in its legal battle over the purchase price for Chrysler Group LLC shares, as a Delaware Chancery Court judge ruled on two issues that could make the deal slightly cheaper but refused to adopt Fiat’s $140 million estimate.

Fiat, which already owns a 58.5 percent stake in Chrysler and is seeking to purchase more shares from a health care trust set up for Chrysler retirees, may consider as debt billions of dollars in notes issued to the...
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