BUSINESS
06/19/2009 05:12 am ET Updated May 25, 2011

GM Bankruptcy: Quick Sale Of Assets To New, Healthy Gov-Owned Company

NEW YORK, May 19 (Reuters) - General Motors Corp's (GM.N) plan for a bankruptcy filing involves a quick sale of the company's healthy assets to a new company initially owned by the U.S. government, a source familiar with the situation said on Tuesday.

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