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Fiat Drops, Traders Cite Chrysler Merger Worries

2014-08-06 15:12:56| Automakers - Topix.net

Shares in Fiat fell more than 8.5 percent on Wednesday to their lowest level this year, with traders citing concerns that investors who voted against the Italian carmaker's merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.

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