| Chrysler Group Automaker Prepares For IPO |
Sep 24th, 2013 |
Auto manufacturer Chrysler Group has filed paperwork with the federal government for an initial public offering. Chrysler shares have not been publicly traded since 1998, when the company merged with Daimler AG. It is now majority owned by Italian automaker Fiat Spa. The shares that will be sold are owned by a United Auto Workers trust that pays for retired workers' health care. ...
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| Chrysler Files for IPO |
Sep 24th, 2013 |
Late this afternoon, Chrysler filed paperwork for an initial public offering. The move sets in motion a process to value the remaining 41% of the automaker that's owned by a United Auto Workers health care trust; Italy's Fiat owns the remaining 59% of the Auburn Hills, Mich., automaker. What does this mean for consumers? Right now, not much. It's unclear how much of the union ...
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| Chrysler revs up for IPO |
Sep 24th, 2013 |
DETROIT Chrysler is preparing to take a piece of itself public. The automaker on Monday filed paperwork with securities regulators to raise $100 million in an initial public offering. Chrysler shares haven't been publicly traded since 1998, when the company merged with Daimler AG. It is now majority-owned by Italian automaker Fiat ...
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| U.S. automaker Chrysler files to go public |
Sep 24th, 2013 |
Resurgent automaker Chrysler is ready to test its fate with a public stock sale, paperwork filed with the U.S. Securities and Exchange Commission says. The company, which has been privately held since 1998, is now owned by Fiat, which holds 58.5 percent of the company, and a United Auto Workers retirement fund that holds 41.5 percent, USA Today reported. Chrysler filed for and emerged from ...
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| Chrysler prepares for IPO |
Sep 24th, 2013 |
The automaker is proceeding with the IPO after it failed to reach an agreement on the value of the stock with the retiree trust that owns it.Chrysler shares haven't been publicly traded since 1998, when the company merged with Daimler AG. The Auburn Hills, Mich.-based automaker is now majority owned by Italian automaker Fiat SpA.The shares that will be sold are owned by a United Auto ...
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| Chrysler sets stock offering process in motion filing statement with SEC |
Sep 24th, 2013 |
In this Wednesday, May 8, 2013, photo, Jeff Caldwell, 29, right, a chassis assembly line supervisor, checks a vehicle on the assembly line at the Chrysler Jefferson North Assembly plant in Detroit. The auto industry is on a hiring spree as car makers and parts suppliers race to find engineers, technicians and factory workers to build the next generation of vehicles.(AP Photo/Paul Sancya) / ...
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| Chrysler prepares for IPO |
Sep 24th, 2013 |
Chrysler shares haven't been publicly traded since 1998, when the company merged with Daimler AG. The Auburn Hills, Mich.-based automaker is now majority owned by Italian automaker Fiat ...
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| Chrysler files for IPO forced by UAW trust |
Sep 24th, 2013 |
By Deepa Seetharaman and Bernie Woodall DETROIT | Mon Sep 23, 2013 6:28pm EDT DETROIT (Reuters) - Chrysler Group LLC filed paperwork on Monday for an initial public offering of up to $100 million, an action that could slow majority owner Fiat SpA's (FIA.MI) plans to take full ownership of the U.S. automaker. The offering will be underwritten by J.P. Morgan, the company said in a ...
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| After Hours Red Hat shares drop late Chrysler files for IPO |
Sep 24th, 2013 |
SAN FRANCISCO (MarketWatch) -- Red Hat Inc. shares fell in the extended session Monday after the open-source software company reported quarterly ...
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| Chrysler prepares for IPO |
Sep 24th, 2013 |
DETROIT (AP) Chrysler Group is preparing an initial public offering of some of its shares. Chrysler filed paperwork for the IPO with the federal government late Monday. Chrysler shares haven't been publicly traded since 1998, when the company merged with Daimler AG. It is now majority owned by Italian automaker Fiat ...
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