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[alfa] Fiat/GM



Investors.com (whatever that is) reports today that GM and Fiat may go into mediation regarding Fiat's put option.  Mediation is generally used to help the parties reach agreement regarding a dispute and the dispute is not resolved except to the extent the parties agree or consent.  Mediation differs from arbitration or a lawsuit where the arbitrator(s) or the court generally has the power to impose a decision that is binding on the parties with or without their consent.
 
The article quotes an analyst from Standard & Poors:
 
---"Looking at the most plausible outcomes, we see this as a relatively benign issue for GM," he said in a call with analysts and reporters Wednesday morning.---
 
http://www.investors.com/breakingnews.asp?journalid=24434448&brk=1
 
Cheers,
Dan in Honolulu

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