Fiat takeover of Chrysler complete

The articles about this are not written well at all. Including this NYT piece and this by Dow Jones. It’s not at all clear if Fiat actually owns Chrysler (they only have a 20% stake), nor is it clear if the new company Fiat and Chrysler are forming is a third company, apart from Fiat and Chrysler, or whether it’s a new company combining what was Fiat and Chrysler. Anyway, the deal is done.

Okay, here’s a better article from CNNMoney. Still not totally clear.


Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in Washington, DC. .

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