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BFW 11/25 15:00 *CHRYSLER IPO SAID DELAYED BY U.S. TAX UNCERTAINTY BN 11/25 15:00 *PEOPLE FAMILIAR WITH PLANNING DESCRIBE DELAY BN 11/25 15:00 *CHRYSLER IPO SAID DELAYED BY U.S. TAX UNCERTAINTY
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Chrysler IPO Said Delayed by U.S. Tax Uncertainty 2013-11-25 15:03:32.318 GMT
By Brad Skillman Nov. 25 (Bloomberg) -- Chrysler IPO was delayed after automaker wasn’t able to resolve routine tax issue quickly enough to complete sale this yr, two people with knowledge of matter told Bloomberg’s Tommaso Ebhardt, Mark Clothier and David Welch. * Chrysler needs letter from IRS to clarify tax liabilities after IPO, people said * Spokesmen for Fiat, Chyrsler declined to comment * Earlier, Fiat Says Chrysler Decided to Not Proceed With IPO This Year {NSN MWTLT46JTSER <go>}
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To contact the editor responsible for this story: Brad Skillman at +1-212-617-2763 or bskillman1@bloomberg.net