Looks like the fight is over folks......

Sunday, July 5, 2009

GM 363 Sale Approved 7/5/09

Sadly, the sale for GM best assets to a new Government controlled entity was approved as a means of circumventing the Chapter 11 bankruptcy and negotiating with the creditors.
See the Court decision here:
See Wall Street Journal article:
I assume the appeals by various parties will be filed within the next few days.

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