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Old 01-01-2014, 05:15 PM
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Looks like no Chrysler IPO

Fiat will own all of Chrysler this month.

From Market Watch


" Fiat SpA announced Wednesday it has reached an agreement with Chrysler Group LLC’s minority owner, a United Auto Workers’ health trust, to buy the rest of the U.S. car maker for $3.65 billion, securing a deal that will speed the merger of the two car companies."

It went on to say that the deal should close January 20, 2014.


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Old 01-02-2014, 09:32 AM
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Re: Looks like no Chrysler IPO

My co-workers are going insane about this.

Like, chicken little, end of the world insane.
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Old 01-02-2014, 10:09 AM
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Re: Looks like no Chrysler IPO

Well it could be a concern now that you will all have to learn to speak Italian.

I'm sure that, like me, many of your coworkers only know a few choice words.


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Old 01-02-2014, 10:10 AM
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Re: Looks like no Chrysler IPO

I saw this last night posted on another forum that I visit.
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Old 01-27-2014, 02:03 PM
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Re: Looks like no Chrysler IPO

Quote:
Originally Posted by bill_de View Post
Well it could be a concern now that you will all have to learn to speak Italian.

I'm sure that, like me, many of your coworkers only know a few choice words.


Just an update: They are still going insane. Now there's worries about layoffs, massive firings, pay cuts, moving jobs to Italy, Fiat stealing all of Chrysler's money (like Chrysler was loaded???), I could go on. Then they ask me what I think they're going to "do"... and I immediately jump to defense mode.

No reason for anything to change. Fiat has had a majority stake in Chrysler since the bankruptcy, and a controlling stake for a while now, what is the issue here? Nothing will change. It'll be business as usual. Be here at work tomorrow at 6AM/6PM, depending on what day of the week it is.

LOL!
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