High court blocks Chrysler sale to Fiat

June 8, 2009 1:20:51 PM PDT
Supreme Court Justice Ruth Bader Ginsburg has temporarily delayed Chrysler's sale to Fiat. Ginsburg says in an order Monday that the sale is "stayed pending further order." The action indicates that the delay may only be temporary.

Chrysler has said a delay could scuttle the deal. A federal appeals court in New York had earlier approved the sale, but gave opponents some time to file an appeal with the Supreme Court.

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