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Germany to Magna: GM's Opel Is All Yours

By Neal Colgrass,  Newser Staff

Posted May 29, 2009 8:50 PM CDT

(Newser) – A Canadian auto supplier took a huge step toward acquiring GM's European brands today, the Wall Street Journal reports. Emerging from negotiations, Germany's finance minister approved Magna's merger with GM's German arm Opel, pledging about $2.1 billion to help keep Opel afloat. But details...   Read full story »

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