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Creditors seek stake in Fiat deal (Detroit Free Press) (cash today loan) ()

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More info…Chrysler’s creditors late Monday demanded a 40% stake in a Chrysler-Fiat partnership, a seat on the company’s board of directors and that Fiat put $1 billion cash into Chrysler, in exchange for writing off about a third of $6.9 billion in loans.
Chrysler Banks Said to Seek Equity for Debt Reduction (Update2) (Bloomberg)April 21 (Bloomberg) …


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