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Chrysler files for Chapter 11 but will remain in business and completes deal with Fiat.

By Chris Isidore, CNNMoney.com senior writer
Last Updated: April 30, 2009: 1:03 PM ET
NEW YORK (CNNMoney.com) — Chrysler LLC filed for bankruptcy Thursday. But a deal has been reached to combine the company with Fiat in order to allow Chrysler to stay in business.
The bankruptcy filing,which was made in federal court in New York, comes after [...]