Fiat Denies Merger Talks With VW - Presented by: The Aol. On Network

Italian automaker Fiat and its main shareholder denied on Thursday a German media report that the company is in merger talks with rival Volkswagen. Shares in Fiat briefly rose 5 percent, before closing up 1 percent at 7.70 euros, after Manager Magazin reported that the main shareholders in Fiat SpA and Volkswagen AG have had a series of talks about Volkswagen taking over all or part of Fiat, which controls Chrysler.



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