Browse
related articles
GM makes bankruptcy preparations
- Wednesday, April 08 - 2009 at 10:36
General Motors is in 'intense' and 'earnest' preparations for a possible bankruptcy filing, a source familiar with the company's plans has told Reuters. GM Chief Executive Fritz Henderson has said the company prefers to restructure out of court but could go to court if needed. A plan to split the company into a new company made up of the most successful units, and an 'old company' of its less-profitable units is seen as the company's best configuration for the future, said another source familiar with the talks.
Related Content
Article Options
StaffWednesday, April 08 - 2009 at 10:36 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
