Fiat S.p.A. planned merger/migration with Chrysler, which it already owns, has cleared a hurdle: fewer than €500 million worth of stock will be “cashed out,” according to the company. If shareholders had demanded that the company buy their stock back (due to Italian law), the merger and headquarters relocation would have been postponed.

Fiat expects to have a final total on September 4, after it verifies that all applicants have met the conditions required by law to have Fiat buy back their stock.

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The last barrier will be opposition from creditors, which must be filed by October 4, 2014. In a statement issued today, Fiat said it did not expect any opposition. The statement quoted Fiat chairman John Elkann as saying, “We are now looking forward to the completion of this project, which has been on the drawing board since the acquisition of all of the equity interest in Chrysler Group LLC.”

Sergio Marchionne, CEO of Fiat and Chrysler, was quoted as saying, “The recent vagaries of the equity markets and the performance of Fiat Shares in the last 30 days have added a level of complexity in this process which was unexpected and in my view, unwarranted. I am reassured by the fact that the vast majority of our equity holders have remained loyal and committed shareholders.”

Helping the process was a rise in Fiat stock beyond the 60-day average, which meant that those taking advantage of the “cash out” would sell stock at a lower rate than they could get on the open market. Shortly after the cash-out terms were announced, Fiat stock fell below the point where taking advantage of the offer would have given shareholders a higher profit, but shares rose back again fairly quickly.