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Buyer's bonanza

3 May 2011 By Antony Currie

Chrysler is finally profitable, but still struggling. So the $1.3 bln Fiat will soon pay to own another 16 pct may not look like a steal. The juice lies in synergies. The present value of cutting just 3 pct of combined costs is some $17 billion, double Chrysler’s implied worth.

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