Comment on Bondholder Group Reaches Deal for Up to 25% G.M. Stake

Bondholder Group Reaches Deal for Up to 25% G.M. Stake

Bondholder Group Reaches Deal for Up to 25% G.M. Stake

G.M. said a key group of bondholders agreed not to oppose the reorganization plan in exchange for a stake of 10% in the new G.M., with warrants to buy an additional 15%.

 

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