GM boss casts doubt on Fiat put option - papers

Newswire

MILAN, Oct 24 (Reuters) - General Motors believes a put option held by Fiat -- which could force the U.S. carmaker to buy out the Italian group's car division -- may not be applicable, GM's chief executive was quoted as saying on Friday. Fiat executives have recently said they have no intention of exercising the option which begins in 2004. GM Chief Executive Richard Wagoner was quoted by Il Sole 24 Ore newspaper as saying "there are some doubts about whether the put option can be ...

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