Wednesday, April 21, 2010

FOXNews.com - GM Pays Off Debt to U.S.

FOXNews.com - GM Pays Off Debt to U.S.: "GM still owes $45.3 billion to the U.S. and $8.1 billion to Canada, money it received in exchange for large stakes in the company. The U.S. government now owns 61 percent of the company and Canada owns roughly 12 percent. GM plans to repay both with a public stock offering, perhaps later this year."

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