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Archive Home > 2008 > November > 03 > U.S. rejects GM’s call for help in a merger

U.S. rejects GM’s call for help in a merger

By Bill Vlasic and Micheline Maynard / The Bulletin
November 3, 2008

DETROIT — The Treasury Department has turned down a request by General Motors for up to $10 billion to help finance the automaker’s possible merger with Chrysler, according to people close to the discussions.

Instead of providing new assistance, the Treasury Department told....

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