Fiat Chrysler, PSA scrap dividends tied to merger
The automakers cited the negative impact of the coronavirus pandemic as the reason for not going through with the $1.2 billion dividends each had agreed to pay. Both companies said the deal is on track to close before the end of next year’s first quarter.
source https://www.autonews.com/automakers-suppliers/fiat-chrysler-psa-scrap-dividends-tied-merger