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Fiat investors likely to approve Chrysler merger

Fiat shareholders will likely approve the automaker’s merger with Chrysler Group when they meet in Italy for the last time today.

Industry watchers expect Fiat to win the two-thirds majority vote needed for a merger that will create the world’s seventh largest automaker because its biggest shareholder, Exor, the holding company of Fiat’s founding family, owns an influential 30.04 percent stake.