GM: Bondholders' group OKs sweetened deal

Discussion in 'The Coffee Shop ~ Chit Chat' started by ChevyFan, May 28, 2009.

  1. ChevyFan

    ChevyFan The Sheriff Staff Member 5+ Years 5000 Posts

    General Motors said Thursday that a group representing its major bondholders has accepted a sweetened deal to exchange their debt for stock in the ailing automaker.

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