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Court Clears Path to 'New' GM

Court ordered stay on asset sale expires

By Nick McMaster,  Newser Staff

Posted Jul 9, 2009 1:55 PM CDT

(Newser) – General Motors is set to complete its bankruptcy reorganization, the Detroit Free Press reports. The sale of certain GM divisions to the “new” GM—largely owned by the US Treasury—is expected to happen tomorrow, at the expiration of a holding period for opponents...   Read full story »

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