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(Image from article: "Creditors’ Deal Could Stave Off Bankruptcy at Chrysler")

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Treasury to sell remaining Chrysler stake to Fiat

The Treasury Department said on Thursday it reached an agreement to sell its remaining 6 percent equity stake in Chrysler to Italy's Fiat in a deal that will net Washington $560 million.

 

Treasury Sweetens Offer to Chrysler Debt Holders

The Treasury Department has sweetened its offer to holders of Chrysler’s secured debt in a last-minute attempt to keep the iconic American automaker out of bankruptcy court, according to people briefed on the matter.

 

Creditors’ Deal Could Stave Off Bankruptcy at Chrysler

Creditors’ Deal Could Stave Off Bankruptcy at Chrysler

Chrysler’s unsecured creditors have reached a preliminary deal with the Treasury Department, two people briefed on the matter said on Tuesday.

 

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