It’s Not Up to Renault Anymore. Fiat Chrysler Just Withdrew Its Merger Offer

Fiat Chrysler Automobiles NV abruptly withdrew its offer to combine with Renault SA after the French carmaker’s board–on the brink of approving the deal–postponed a decision for a second time in as many days. Renault’s board ended an hours-long meeting early Thursday without a vote after its most important shareholder, the French state, requested deliberations […]