Description: Fiat Chrysler announced Wednesday it’s spinning off its famous luxury car brand Ferrari into an independent company – listing 10 percent of the stock on the market and distributing the remaining 90 percent to its shareholders.
Source: Fortune.com – video report
Date: Oct 29, 2014
Questions for Discussions:
- Why did Fiat spin off Ferrari?
- How did the move affect stock prices?
- Do you think the plan announced is doable?