General Motors Corp. has nearly all the pieces lined up for an orderly restructuring that would save it from bankruptcy, except for one: persuading the holders of some $27 billion in bonds to exchange their debt for stock.
Fate of GM lies with recalcitrant bondholdersCourtesy Newsvine - business Tue, 05/26/2009 - 15:56
General Motors Corp. has nearly all the pieces lined up for an orderly restructuring that would save it from bankruptcy, except for one: persuading the holders of some $27 billion in bonds to exchange their debt for stock. Related itemsMajority of GM bondholders accept exchange offer
GM board to meet, decide fate of Opel, Vauxhall
Penske ends talks with GM to acquire Saturn
Samsung SCX-4200 3-in-1 True Multifunction Printer
BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
|
Popular by tags WeekMonth |
Post new comment