sch911, etc,
It's a masked sale under the guise of a merger aimed at consolidation as stated in WSJ and many other publications/reports. The Fiat family has publically said they want to sell and get out and it was recorded live. They see the writings on the wall and that's why they want out while there's still value. Marchione is litterally begging for someone/anyone to come to rescue FCA before the inevitable occurs.
Merging with or consolidating with a much larger corporation or company basically means being swallowed up. A small entity has virtually no administrative power or say so especially when having been barely profitable, high long term debt, a very checkered background, and having a bleak future going forward when merged or taken over by a much larger entity.
Dreamners can dream but that will have nothing to do with reality or the decisions others make. Spin it any way you care to but it's the facts that count and tell the story very accurately.
My state will lose so many billions of dollars already spent trying to save Chrysler and now FCA. That's on top of the many thousands of lost jobs!
