It looks like the proposed takeover of Chrysler by Italian car giant Fiat is running into a few problems, with Fiat telling the US supreme court that Chrysler could be forced into liquidation if the sale is not completed by June 15th. Earlier the group of Indiana Pension Funds had urged the high court to hear its appeal opposing the sale of parts of Chrysler to Fiat.
Fiat takeover of Chrysler runs into problems
Source: www.forexlive.com
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