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The new General Motors arose on Friday as lawyers finished an all-night paperwork session transferring the bulk of the automaker's assets to a company controlled by the U.S. government. Read more at www.WISHTV.com
UPDATED 8:24 A.M. - DETROIT - The new General Motors Co. was born this morning in the offices of a bankruptcy lawyer in New York, a quiet moment after a year of turmoil for the nation's largest automaker. The documents creating the sale of most of the old GM's assets to a new company owned chiefly by the U.S. government were executed about 6:30 a.m. GM CEO Fritz Henderson and new chairman Ed ...
Company has transfered the bulk of its assets to a new, leaner company majority-owned by the U.S. government.
(AP:DETROIT) The new General Motors arose on Friday as lawyers finished an all-night paperwork session transferring the bulk of the automaker's assets to a company controlled by the U.S. government.
Live news conference at 9 a.m. on Local12.com
The new General Motors arose on Friday as lawyers finished an all-night paperwork session transferring the automaker's good assets to a brand-new company controlled by the U.S. government.
Experts say process of getting out of Chapter 11 one of fastest for company of its size
DETROIT—The new General Motors arose on Friday as lawyers finished an all-night paperwork session transferring the bulk of the automaker's assets to a company controlled by the U.
The new GM arose on Friday as lawyers finished an all-night paperwork session transferring the bulk of the automaker's assets to a company controlled by the U.S. government.
DE BEERS has requested Government to forego one of its biggest contributions to state revenue - royalties from Namdeb.
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