Fiat chrmn wants compensation if GM rejects put

Newswire

MILAN, Oct 27 (Reuters) - The chairman of Fiat said on Monday that the Italian automaker would seek "compensation" from General Motors Corp. if the U.S. company did not accept Fiat's option to force GM to buy its auto unit. "If they (GM) are determined not to accept the put, we need to work out if we can find some form of practical compensation," Umberto Agnelli told reporters on the sidelines of a European Union meeting on education. Agnelli spoke a day after Fiat and GM agreed to delay ...

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