Fiat Chrysler, Renault Shares Drop After Merger Falls Apart

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Fiat Chrysler, Renault Shares Drop After Merger Falls Apart
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Fiat Chrysler and Renault shares fall sharply as investors weigh up the surprise collapse of merger talks: “Perhaps efforts to create global (car makers) that span multiple tribes is just not feasible'

Fiat Chrysler Automobiles NV and Renault SA shares fell early Thursday after the Italian-American car maker pulled its offer to merge with its French counterpart, a move that would have created the world’s third-largest car maker by production, valued at a combined $40 billion.

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