Chrysler Group Files for Proposed Initial Public Offering

Chrysler Group LLC has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of common shares.

Chrysler Group LLC has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of common shares.

If the stock goes public, it will be the first time Chrysler shares were traded since its failed 1998 merger with Germany's Daimler Benz.

Chrysler said in a statement that the number of shares to be offered, and the price range for them, had yet to be determined.

 

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