GM Said to Plan for June 1 Bankruptcy, Sale of Assets – Bloomberg






Straits Times

GM Said to Plan for June 1 Bankruptcy, Sale of Assets
Bloomberg
By Jeff Green and Mike Ramsey May 28 (Bloomberg) — General Motors Corp., the world's largest automaker until its 77-year reign ended in 2008, plans to file for bankruptcy protection on June 1 and sell most of its assets to a new company,
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