Chrysler, Fiat merger almost complete

January 2, 2014 4:51:11 AM PST
The merger between Chrysler and Fiat will soon be complete.

Fiat has agreed to buy the United Auto Worker's remaining 41 percent stake in Chrysler.

The agreement avoids a public stock offering of Chrysler shares that neither company wanted.

Once the deal is completed, Fiat and Chrysler can be merged into a single company.

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