GM has collected another $230 million for the kitty by selling its remaining 3 percent stake of Suzuki Motor Corporation. The companies will still work together and GM doesn't rule out becoming an investor again when times get better. GM didn't get top dollar (who is?), as Suzuki's stock is currently selling for less than half its high for the year.
source: wsj
Monday, November 17, 2008
GM Sells Remaining Suzuki Shares, Says It's Nothing Personal
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment