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NEW YORK - THE road was cleared on Thursday for General Motors to exit bankruptcy after a court-imposed stay preventing the sale of its assets to a new company was lifted. GM expects to close the deal 'as soon as possible,' spokeswoman Julie Gibson told AFP. b
General Motors is expected to leave bankruptcy protection as a new company with 48bn £29bn of liabilities.
THE road has been cleared for General Motors to exit from bankruptcy protection after a court-imposed stay preventing the sale of its assets was lifted.
The road was cleared Thursday for General Motors to exit from bankruptcy protection after a court-imposed stay preventing the sale of its assets to a new company was lifted.
The road was cleared Thursday for General Motors to exit bankruptcy after a court-imposed stay preventing the sale of its assets to a new company was lifted.
A stay preventing the sale of its assets to a new company was lifted.
The road has been cleared for General Motors to exit from bankruptcy protection.
After making several offers to buy Emulex Corp., Broadcom Corp. said it would cease all efforts to acquire the networking company.
The president of the World Anti-Doping Agency urged Major League Baseball to adopt its code, which includes a two-year suspension for an athlete's first positive test.
Government could sell its stake as early as 2010, once the new company is ready to launch a public stock offering
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