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08 Nov

GM's Liquidation Motors stock reportedly still worth $370M, can't be sold short

Filed under: Government/Legal, GM, Earnings/FinancialsWhen General Motors entered into Chapter 11 bankruptcy over the summer, its bad assets were moved into a firm called Motors Liquidation Company (MLC). That company was capitalized with more than 600 million shares that were meant to be worthle...

Bury Autoblog 4 days ago

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