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#433584 OT, but interesting: Fiat Chrysler Automobiles is selling
Posted by Craigj3534 on Wednesday Oct 29, 2014 at 10:31AM
off its interest in Ferrari. 10% of Ferrari's shares will be sold in the US market and the remaining 90% will be distributed to the existing FCA shareholders. FCA needs funds to augment its planned debt additions to compete against VW and Toyota, via expanding the Jeep line and expanding the Alfa Romeo line, among other things. FCA also wasn't happy about Ferrari's poor racing results this year, as well as the huge expense related to F1 racing. I'd be interested in buying some shares, including to get a stock certificate with a Ferrari logo on it!

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