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IPO could be boost for Chrysler

New investors wouldn't be burdened with Fiat risks

7:05 PM, Oct. 7, 2013
Chrysler is seeking to become a publicly traded company again, according to a filing with the U.S. Securities and Exchange Commission.
Chrysler is seeking to become a publicly traded company again, according to a filing with the U.S. Securities and Exchange Commission.
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Despite Fiat's preference for a complete buyout of Chrysler, the Auburn Hills automaker could continue to recover and thrive with a new set of investors who wouldn't be exposed to Fiat's risks. That's the opinion of one fund manager studying the automaker's proposed initial public offering.

Sergio Marchionne, CEO of Fiat and Chrysler, doesn't want two sets of shareholders, two sets of regulators and new shareholders second-guessing his judgment.

But the UAW Retiree Medical Benefits Trust also took a chance on Chrysler's bankruptcy restructuring and subsequent turnaround. Now, it ...

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If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports