Fiat boosted by Chrysler buyout optimism

MILAN (Reuters) - Fiat shares rose 5 percent on Wednesday, bolstered by optimism about the Italian automaker's ability to buy out the remaining 38.2 percent in its U.S. unit Chrysler, which would give it a bigger benefit from a booming U.S. market. Remarks by Fiat Chief Executive Sergio Marchionne late on Tuesday indicated that he was ready to pay cash for the remaining stake in Chrysler "at any time". He also indicated he could do it in 2015, in advance of a 2016 deadline for Fiat to incrementally buy up 16.6 percent of Chrysler at a price tied to a market multiple. ...