Chrysler's IPO Game Pits Fiat Against Unions and Shorts – ValueWalk Premium

Chrysler's IPO Game Pits Fiat Against Unions and Shorts

Chrysler's step to file for an IPO last week was an effort to shake one of its majority owners into doing what they did not want to do before. The Italian automaker, Fiat, owns 58 percent of Chrysler, whereas the rest of it is held by United Auto Workers retiree benefits trust (VEBA). The CEO of both Chrysler and Fiat SpA (BIT:F) (OTCMKTS . . .


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