Chrysler-Fiat A Done Deal

Two of the hedge fund holdouts have given up the fight to thwart the Chrysler-Fiat deal. Thus the judge has paved the way for a final sale hearing to happen on May 27th.

Thus, the only way Chrysler doesn’t merge with Fiat is if some alternate, white knight bidder wants to emerge and pay to swallow that that poisonous mess. Not gonna happen.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at