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US: General Motors confirms sale of GMAC controlling stake

Tuesday, April 04, 2006,

Tags: Corporate Finance, General Motors, Mergers and Acquisitions, OEM Strategy.

AutomotiveWorld.com

General Motors has confirmed that it has entered into a definitive agreement to sell a controlling 51% stake in its financing unit General Motors Acceptance Corp (GMAC) to a private equity investor...

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Published on Tuesday, April 04, 2006

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