Traverse City Record-Eagle

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09dn Fiat-Chrysler

Chrysler's Fiat logo at an auto dealership in Springfield, Ill. Italian automaker Fiat has exercised a third option to buy a small amount of Chrysler stock, but the sale won't go through until a U.S. court settles a dispute over the price. Fiat said Monday that it offered $254.7 million for another 3.3 percent of Chrysler's outstanding equity.