Mark Sherman, Associated Press Writer
On Sunday June 7, 2009, 9:56 am EDT
WASHINGTON (AP) -- Three Indiana state pension and construction funds want the Supreme Court to block Chrysler's sale to Fiat so they can pursue an appeal in hopes of getting a better deal.
The funds filed emergency papers at the high court early Sunday.
An appeals court in New York approved the sale Friday, but gave objectors until Monday afternoon to try to get the Supreme Court to intervene. Chrysler LLC wants to sell the bulk of its assets to a group led by Italy's Fiat Group SpA as part of its plan to emerge from bankruptcy protection.
To read the entire article click here
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment