Exclusive: French want PSA-Fiat board guarantee in $50 billion merger - sources
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PARIS/MILAN (Reuters) - French shareholders in the planned merger of PSA and Fiat Chrysler are seeking reassurances that they will retain a numerical advantage on a combined board if CEO Carlos Tavares leaves, two sources close to PSA said.The two companies are finalising talks after announcing a plan for a $50 billion merger of equals in October that would create the world's fourth-largest automaker.Under the terms of the draft Memorandum of Understanding (MoU), PSA and Fiat Chrysler would..