GM details plans to wipe out current shareholders (Reuters)

By admin, 06-05-2009

General Motors CEO Fritz Henderson pauses, as he talks about changes at GM including cutting 21,000 more factory jobs by 2010 and phasing out the Pontiac brand, during a news conference at GM headquarters in Detroit, Michigan April 27, 2009. REUTERS/Rebecca CookReuters - General Motors Corp on Tuesday detailed plans to all but wipe out the holdings of remaining shareholders by issuing up to 60 billion new shares in a bid to pay off debt to the U.S. government, bondholders and the United Auto Workers union.



Źródło: http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090506/bs_nm/us_gm_shares

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