Fiat Confident Chrysler Merger Will Go Through

Newswire

MILAN, Aug 29 (Reuters) - Italy's Fiat said on Friday that it did not expect the number of shareholders taking up an offer by the car maker to buy their shares at a set price ahead of a planned merger with Chrysler to be such that a 500 million euro cap would be exceeded. The merger would have been at risk if the cap on the amount of money that Fiat had earmarked for the buy-out had been breached. Fiat said in a stetement it was completing the process of counting the number of shares for ...

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