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GM to file for bankruptcy
- Monday, June 01 - 2009 at 10:58
General Motors Corp is set to file for bankruptcy today as the US government attempts to revive the 100-year-old automaker. The filing in a federal court in Manhattan is expected before US markets open and caps a three-decade-long decline for the Detroit automaker that has ended in crisis. The planned filing would be the third-largest in US history and the largest manufacturing bankruptcy.
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StaffMonday, June 01 - 2009 at 10:58 UAE local time (GMT+4)
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