Apr 26th, 2009 - Reuters
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Email |Print | Reprints [-] Text [+] DETROIT, April 26 (Reuters) - General Motors Corp (GM.N: Quote, Profile, Research) isset to announce on Monday an accelerated restructuring thatwould close additional plants and pave the way for a debtexchange by the struggling automaker, sources briefed on theplan said on Sunday.
Chief Executive Fritz Henderson has scheduled a newsconference for Monday morning to discuss the automaker'srevised viability plan. He had said earlier in April that GMwould provide more frequent updates.
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GM says unlikely to make June 1 bond payment
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Email |Print | Reprints [-] Text [+] DETROIT (Reuters) - General Motors Corp (GM.N: Quote, Profile, Research) is unlikely to make a $1 billion debt payment due June 1...
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