Supreme Court Clears The Way For Chrysler Fiat MarriageBy
The U.S. Supreme Court on Tuesday denied a hearing to pension funds objecting to the White House-assisted reorganization of Chrysler that would transfer assets and management control of the troubled Detroit icon to Italian automaker Fiat. The move by the court thus clears the way for a newly constituted Chrysler to re-emerge from Chapter 11 bankruptcy.
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