Time not on Fiat's side in billion dollar Chrysler deal

Newswire

By Jennifer Clark and Tom Hals MILAN/DELAWARE, Dec 7 (Reuters) - Fiat's bid to win full control of more profitable Chrysler is set to become more expensive in a few weeks, as a court ruling on a price dispute drags on and Chrysler's possible share flotation looms. The Italian carmaker has 58.5 percent of Chrysler, and a right to buy 16.4 percent more over the next three years at a price determined by a formula worked out in 2009 when Chrysler was exiting ...

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