Ever since Sergio Marchionne snuck in to see the "The Graduate" as an underage teen in the 1960s, he's had a soft spot for Alfa Romeo, the maker of the Spider Duetto convertible Dustin Hoffman's character drove in the film.

Four decades later, Marchionne is the CEO of Alfa Romeo's parent Fiat S.p.A. and wants to return the struggling brand to its former glory. To pull it off, he needs cash from Fiat-controlled Chrysler Group LLC. The problem is he hasn't found a way to get it, as a union trust that owns the remaining shares holds out for at least $1 billion more than the CEO wants to pay.


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UAW Trust Standing In The Way Of US Alfa Romeo Debut

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