Thursday 20 December 2012

GM to buy back stock from Treasury as U.S. plans bailout exit

The U.S. Treasury on Wednesday announced plans to liquidate its holdings in General Motors Co. over the next 15 months, starting with the sale of about 40% of its shares by the end of this month.

Source: http://feeds.latimes.com/~r/latimes/business/~3/PLiyuNB9k1M/la-fi-hy-gm-general-motors-bailout-treasury-20121219,0,2853736.story

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