OTHER NEWS - Oct. 2, 1991
From Times Staff and Wire Reports
Chrysler Raises More Than Expected: The cash-hungry auto maker raised about $355 million in a new stock offering--about $25 million more than expected--when there were more interested buyers than available shares. Chrysler sold 35 million new shares at $10.125 each, sources said. Earlier, the auto maker had proposed offering 33 million new shares of common stock. Analysts had predicted a sale price of $10 a share.
