The opposite of a merger

Fiat Chrysler Spins Off Ferrari Division, Drops Hostile Bid To Merge With General Motors

Fiat Chrysler Spins Off Ferrari Division, Drops Hostile Bid To Merge With General Motors

With all the mergers – or would-be mergers – floating around out there, Fiat Chrysler is going in the opposite direction: spinning off its Ferrari division and dropping talks of a hostile takeover of rival General Motors.  [More]