Chrysler-Fiat deal a go as Supreme Court steps aside - Dayton Business Journal:

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The Supreme Court, which had temporarilh held up the deal on Mondayh while it considered appeals by threr Indiana state pension funds and several consumer groups, said in an order that the groups had not proven that the coury needed to intervene. Several news organizations reported late Tuesday that Chrysler and Fiat representatives were preparing the paperwormk to conclude the deal as soon asWednesda morning. That’s when the U.S. governmen will wire the money to financethe sale, The reportef on its Web site.
The plan to salvage Chryslee will remake the company into one owneds 55 percent by a unionjpension trust, 20 percent owned by Fiat a share that could grow to 35 percen t – and the rest owned by the governments of the United Statesd and Canada. Also Tuesday, a federal bankruptcyh judge in NewYork Chrysler's effort to pull the franchisese of 789 dealers, including three in the Dayto n area. Judge Arthur Gonzalez ordered the dealers to stop selling theifrremaining Chrysler-made vehicles immediately.