Is GM (GM) Worth $125 Billion?

[24/7 Wall St.]

24/7 Wall St. Daily News

On news that GM (GM) has put together a new and very aggressive restructuring program, its shares are higher by 22% to $2.07, which gives the company a market cap of $1.28 billion. With the large amounts of equity that*GM*is offering*in exchange for $27 billion in*debt from creditors,*for part of its financial*obligation to the Treasury, [...]

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