WRAPUP 1-Chrysler in last ditch push for survival deal


* Race to meet midnight deadline * Italy minister "reasonably optimistic" of deal * Debt reduction talks break down - WSJ * Deal would put them in fifth place worldwide By Giselda Vagnoni and Jeff Mason ROME/WASHINGTON - April 30 (Reuters) Chrysler LLC rushed to clinch a survival deal on Thursday to stave off collapse ahead of a midnight deadline. The ailing U.S. automaker is seeking a rescue deal with Fiat that would make the combined Italian/U.S. group the fifth largest ...

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