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Gm And Uaw
Continuing its divestment of the shares it obtained in General Motors for bailing out the automaker in 2009, the United States Treasury told Congress.
gm and uaw
General Motors said the UAW`s retiree medical benefits trust is offering to sell as many as 45.5 million warrants to purchase GM common shares.
General Motors said the UAW Retiree Medical Benefits Trust will sell $171 million worth of warrants to purchase GM common shares.
The UAW VEBA will sell off 45.4 million options to buy GM stock at a price well above its current value. Read more at Car and Driver.
Continuing its divestment of the shares it obtained in General Motors for bailing out the automaker in 2009, the United States Treasury told Congress.
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