Earnings
GM Board Decides To Keep European Opel Unit
Under a structure created earlier this year to keep Opel out of GM's filing for bankruptcy protection, 65 percent of Opel has been formally under the care of a trust since the beginning of June, with GM holding the remaining 35 percent.
The trust said in a statement late Tuesday that it "takes note of the decision." It said the GM's board's decision did not require the trust's approval. "I hope, also in the interests of Opel employees, that this decision helps Opel to new economic stability," said the trust's head, Fred Irwin.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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