Friday, April 07, 2006
Tuesday, April 04, 2006
GM Sells GMAC Stake to Cerberus-Led Group for $7 Bln
GM Sells GMAC Stake to Cerberus-Led Group for $7 Bln (Update3) (Bloomberg.com)
April 3 (Bloomberg) -- General Motors Corp., seeking to reduce the cost of auto loans, agreed to sell a majority of its finance unit to a group led by Cerberus Capital Management LP for $7.4 billion.










