TURIN, Italy, July 8 (UPI) -- Italian automaker Fiat said it had exercised an option to buy 3.3 percent of Chrysler's outstanding shares Monday, a price disagreement notwithstanding.
The Wall Street Journal reported Fiat has yet to close on two previous purchasing options, as it has not agreed on prices with the Voluntary Employee Beneficiary Association that owns the 41.5 percent of Chrysler Fiat does not own.