Frank B. Rhodes, Jr. Sends Proposal To Stellantis To Acquire Chrysler/Dodge Brands
Portfolio Pulse from Benzinga Newsdesk
Frank B. Rhodes, Jr., an heir to the Chrysler legacy, has proposed to acquire the Chrysler and Dodge brands from Stellantis NV. The proposal aims to return jobs and American ownership to these brands.
August 30, 2024 | 12:05 pm
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Stellantis NV has received a proposal from Frank B. Rhodes, Jr. to acquire the Chrysler and Dodge brands. This could impact Stellantis' brand portfolio and market strategy.
The proposal by Frank B. Rhodes, Jr. to acquire Chrysler and Dodge brands from Stellantis could lead to significant changes in Stellantis' brand portfolio. However, as this is just a proposal, the immediate impact on Stellantis' stock price is neutral until further developments occur.
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