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Home>Changes at GM With Exit of U.S. Treasury and Entrance of New CEO

Changes at GM With Exit of U.S. Treasury and Entrance of New CEO

Morningstar Articles

Wed, 11 Dec 2013

The U.S. Treasury announced on Dec. 9 that it has sold all of its remaining common shares of   General Motors  GM, recouping about $39 billion of its roughly $50 billion loan to GM. We see this announcement as extremely good news for GM's stock--which reached a 52-week high of $41.17 on Monday--as

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