GM To Repay Loans Early

Posted by kopok Monday, April 19, 2010 0 comments
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General Motors is expected to announce tomorrow that it is repaying $5.8 billion in loans to the U.S. and Canadian governments early. The deadline is in June.

This could pave the way to an Inital Public Offering (IPO) of stock in the "new" GM and the U.S. government getting out of the car business.

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