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Chinese automaker SAIC may buy GM stake/IPO
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09-20-2010, 11:23 PM
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derklug
Drives: 12 Boss 302
Join Date: Sep 2009
Location: Grand Rapids, Mi
Posts: 1,369
I think that for the Chinese to buy into GM would degrade the value of the shares they had just bought. It would be the last straw for many buyers.
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