Chrysler to Offer Shares

By TV20Detroit Web Editor

September 23, 2013 Updated Sep 24, 2013 at 12:04 AM EDT

AUBURN HILLS (My TV 20 News at 10) - Chrysler is heading back to Wall Street. The automaker announced Monday that it has filed the initial paperwork with the Securities and Exchange Commission to offer as much as $100 million in stock, that is currently held by a UAW healthcare trust. The union has reportedly requested that Chrysler put the stock on the market.

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