General Motors made a new offer Thursday to attract bondholders' support for a quick restructuring. Bondholders are being asked to swap their debt for shares in a new GM.
They'd get 10 percent of the stock — and warrants to buy an additional 15 percent.
warrantsGM Asks Bondholders To Swap Debt For SharesNPR Programs: Morning Edition Thu, 05/28/2009 - 10:25am
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