The New York Times
Thursday, May 28, 2009 -- 9:44 AM ET
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Bondholders Reach Deal With G.M.
General Motors said Thursday in a regulatory filing that it
had reached a deal with a committee of its bondholders to
give them 10 percent of a new G.M. -- with an option to
purchase up to 15 percent -- if they did not oppose the
government-sponsored reorganization plan.
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