GM Stock Up as CEO Refuses Fiat Chrysler's CEO Merger Offers

NEW YORK (TheStreet) -- Genera Motors stock is rising by 1.07% to $31.05 in mid-morning trading on Tuesday, after CEO Mary Barra said the company will continue to refuse merger suggestions from Fiat Chrysler CEO Sergio Marchionne. "We have studied that issue in great detail, both with internal resources and external experts, and it's not in the best interest of General Motors' shareholders," Barra said at the Frankfurt International Motor Show, Bloomberg reports. GM is the right size to gain th...