Friday, September 6, 2013

UAW, Fiat fight over Chrysler stake may drag into 2015 - Rockford, IL - Rockford Register Star

Fox News is reporting that the dispute over what Fiat SpA should pay the United Auto Workers for its stake in Chrysler Group LLC may not be settled until 2015.

Fox is reporting that court filings say a judge wants to allow a "reasonable time" to prepare for a trial to decide what Fiat must pay for part of the 41.5 percent Chrysler stake held by the United Auto Workers healthcare trust.

Fiat believes the Chrysler shares are worth $139.7 million. The UAW healthcare trust believes the shares are worth $343.1 million.
Read more: http://www.rrstar.com/blogs/alexgary/x1367238128/UAW-Fiat-fight-over-Chrysler-stake-may-drag-into-2015#ixzz2e9QNVcnh

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