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big three, treasury department
(Image from article: "Creditors’ Deal Could Stave Off Bankruptcy at Chrysler")

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Treasury to sell remaining Chrysler stake to Fiat

The Treasury Department said on Thursday it reached an agreement to sell its remaining 6 percent equity stake in Chrysler to Italy's Fiat in a deal that will net Washington $560 million.

 

Creditors’ Deal Could Stave Off Bankruptcy at Chrysler

Creditors’ Deal Could Stave Off Bankruptcy at Chrysler

Chrysler’s unsecured creditors have reached a preliminary deal with the Treasury Department, two people briefed on the matter said on Tuesday.

 

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