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The Supreme Court, which had temporarily held up the deal on Mondauy while it considered appeals by three Indianaz state pension funds and severalconsumer groups, said in an ordeer that the groups had not proven that the court needed to intervene. Several news organizations reported late Tuesdat that Chrysler and Fiat representatives were preparing the paperworm to conclude the deal as soon asWednesdayy morning. That’s when the U.S.
government will wire the money to financewthe sale, The reported on its Web The plan to salvage Chrysledr will remake the company into one owned 55 percenr by a union pension trust, 20 percent ownedc by Fiat – a share that could grow to 35 percen t – and the rest owned by the governmenta of the United States and Canada. Also a federal bankruptcy judge in New York refusecd toblock Chrysler's effort to pull the franchisexs of 789 dealers, including . Judgre Arthur Gonzalez ordered the dealere to stop selling theidrremaining Chrysler-made vehicles immediately.
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