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Posts Tagged ‘Fiat’

US gov’t ends Chrysler investment

by Associated Press Published: July 21,2011

Tags: Chrysler, Fiat, government

The Treasury Department said Thursday it has exited its investment in Chrysler LLC after Italian automaker Fiat SpA purchased the U.S. government’s remaining holdings in the auto company. Fiat paid $560 million to the Treasury Department for the government’s 98,000 shares. Fiat has run the company since it emerged from bankruptcy protection in June 2009. [...] [...]

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