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Fiat to Buy Rest of Chrysler

FINALLY

From the UAW.

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Stefano Rellandini/Reuters

In a deal valued at $4.35 billion, Italian automaker Fiat will absorb the remaining 41 percent of Chrysler. The remaining chunk has been owned by the United Auto Workers' retiree health care fund since Chrysler emerged from bankruptcy in 2009. The deal will make Fiat the seventh-biggest automaker in the world.

Read it at Bloomberg