Thursday, April 30, 2009

Obama announces forced government merger of Chrysler with Fiat..by fiat



Obama announces forced government merger of Chrysler with Fiat..by fiat:

Fiat, Chrysler deal signed: newspaper website
Thu Apr 30, 2009 11:37am BST


MILAN (Reuters) - Italy's Fiat (FIA.MI: Quote, Profile, Research) and U.S. car maker Chrysler LLC CBS.UL have signed their anticipated partnership deal, Corriere della Sera newspaper said on its website www.corriere.it on Thursday.

"Fiat-Chrysler, deal done. The signature is there," the website said.

Chrysler has been set a deadline of May 1 by the U.S. government to secure the survival deal.

(Reporting by Jo Winterbottom)

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