DOW JONES NEWSWIRES
General Motors has completed the sale of its good assets to a new entity - Vehicle Acquisition Co. - completing the automaker's exit from bankruptcy protection, Fox Business Network and The New York Times reported Friday. The company will eventually be renamed General Motors Co. The U.S. government and GM officials signed documents at around 6:30 a.m. EDT at the offices of the company's legal counsel in New York City. GM is to hold a news conference at its Detroit headquarters at 9 a.m.
Full story at: http://www.nytimes.com/2009/07/11/business/11auto.html?_r=1&ref=business
-Dow Jones Newswires; 212 416-2900
(END) Dow Jones Newswires
07-10-09 0723ET
Copyright (c) 2009 Dow Jones & Company, Inc.
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