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El bisnieto de Walter P Chrysler está en contra de la unión de Grupo PSA y FCA

El bisnieto de Walter P Chrysler está en contra de la unión de Grupo PSA y FCA
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Walter P Chrysler s Great Grandson Doesn t Like The Terms Of The PSA Merger

Walter P. Chrysler s Great Grandson Doesn t Like The Terms Of The PSA Merger Jalopnik 1/3/2021 © Photo: MARCO BERTORELLO/AFP (Getty Images) The massive merger between Fiat Chrysler Automobiles and French Groupe PSA cleared one of its final regulatory hurdles in late December, and the final transaction is set to take place tomorrow, January 4, 2020. But that’s only if Frank B. Rhodes, Jr., Walter P. Chrysler’s great grandson, doesn’t get his say. Research Volvo On December 24, 2020, Rhodes filed a last-minute complaint, suggesting some changes to the merger plan. And from the sound of things, he’s not happy with, well,

Chrysler Founder s Great-Grandson Trying To Stop Merger

Is his plan too little too late? The proposed $38 billion merger between Fiat Chrysler Automobiles and French Groupe PSA passed its final regulatory hurdle just over a week ago and is now on course to become the world s fourth-largest automaker. The transaction s final approval is due to happen on January 4, 2021 and the final agreement will be signed no later than March 31, 2021. The newly combined automaker, Stellantis, will include all of FCA s brands including Jeep, Ram, Fiat, and Chrysler as well as Peugeot, Citroen, and Opel. But not everyone is pleased with what s happening. The great-grandson of Chrysler Corporation found Walter P. Chrysler, Frank B. Rhodes, Jr., sent a request on December 24 to FCA to consider his merger plan alternative. In short, he doesn t like the idea of his great-grandfather s company becoming a multi-nationally-owned corporation.

Chrysler Heir Presents Alternative Buyout Proposal to Fiat Chrysler Automobiles

Chrysler Heir Presents Alternative Buyout Proposal to Fiat Chrysler Automobiles News provided by Share this article Share this article DALLAS, Dec. 30, 2020 /PRNewswire/  Fiat Chrysler Automobiles N.V. (FCAU) received a request December 24 to consider an alternative buyout proposal to the merger proposed to form STELLANTIS, from Frank B. Rhodes, Jr., the great-grandson of Chrysler Corporation founder Walter P. Chrysler and client of Titan Global Advisors, Inc. FCAU stockholders vote on the merger into STELLANTIS on January 4, 2021, and the Company s London telephones or emails are not being answered. This alternative proposal is in my opinion superior to the planned merger and would result in the return to the United States of the Chrysler-Dodge-Jeep-Ram Brands and away from the proposed Chinese, and foreign control as proposed in the Merger, said Rhodes.

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