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Old 07-03-2008, 07:16 AM   #24 (permalink)
lio45
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Join Date: Jan 2003
Location: Sherbrooke, Québec
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Re: GM shares fall below $10 for first time since 1954

Quote:
Originally Posted by BigThreeForever View Post
Hell, at this rate, GM will be all but worthless. Virtually any car company in the world would be able to buy them. Or any private equity fund. It is terrifying to think of it.
I'm expecting GM to be picked up by another company anytime now. (I'd actually like to see it "become Canadian", if Magna is still interested).

I wonder if Renault still wants it? GM's ripe for picking. At this point, even in spite of the problems, the volume and brands start to be worth the pocket change needed to buy the company.
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