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Fiat reaches deal with UAW trust to buy rest of Chrysler

2014-01-01 21:35:18| Automakers - Topix.net

Italian carmaker Fiat SpA said on Wednesday it has signed an agreement to buy the stake in U.S. automaker Chrysler Group LLC it does not already own, ending months of tense negotiations and allowing Chief Executive Sergio Marchionne to pursue his goal of creating the world's seventh-largest auto group.

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