I don't believe it ! By splitting Fiat into two separate companies, commercial and cars, it means share buying and selling may take place in both resulting in a huge cash mountain. Chrysler is a lame duck going cheap but the dealerships are the asset and Fiat would love to get into the American market. What better way?
They would make a good return by buying Chrysler. Strip the factories and sell the machinery to the third World. Demolish the factories and hold the land as an asset and use the dealerships in place. There are going to be a huge number of asset stripping deals going on, at all levels, in the next few years.
Of course Fiat are poo pooing the idea because they don't want a run on Chrysler shares which would force them to pay a higher price for Chrysler.
Buy Chrysler shares short!!!
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