Thursday, 26 September 2013

Treasury Launches Third Phase of Plan to Sell GM Stake

foxbusiness.com - The U.S. Treasury launched on Thursday the third phase of its plan to sell its stake in General Motors Co, the U.S. automaker that took a government bailout in 2009.Treasury officials offered few details of the sale in a statement on Thursday. The U.S. government currently has 101.3 million shares in GM, amounting to a 7.3 percent ownership stake in the No. 1 U.S. automaker.The U.S. government originally took a 60.

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