February 12, 2012

 

US court delays sale of Chrysler to Fiat

The US Supreme Court has granted a request to delay the sale of carmaker Chrysler to a group led by Italian carmaker Fiat.

Three Indiana state pension and construction funds filed papers at the court on Sunday calling for the sale to be halted so they can pursue an appeal.

The Obama administration, which strongly backed the sale, had called on the court to reject the request.

Sorce: BBC Business News

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