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Topic: Did Fiat buy Fiat shares and become Fiat? (Read 88 times)

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Activity: 224
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May 25, 2019, 02:14:35 PM
#1
On January 21, 2014, Fiat bought the remaining shares of Chrysler owned by the VEBA worth $3.65 billion. Several days later, the intended reorganization of Fiat and Chrysler under a new holding company, Fiat Chrysler Automobiles, together with a new FCA logo were announced. ... Shares dropped 2.2% after the announcement.

Did Fiat Buy Fiat shares and become Fiat?

Also you think this was to help slow down the word usage of fiat? like misdirect it? or just coincidence that a company name fiat bought Chrysler. 
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