any one see this story?

[wintersubaru]

http://kevxml2adsl.verizon.net/_1_2U3FTO103GOVRPD__vzn.dsl/apnws/story.htm?kcfg=apart&feed=ap

&sin=D8D2597O6&qcat=finance&passqi=&top=1&ran=17015 it talked about how GM sold some of ther shares to toyota from fuji.

[4WDFrenzy]

I heard something about it on the news this morning. I wouldn't worry too much about it since it is such a small percentage.

 

 

Patrick

[nipper]

Its posted on the new generation board .... and 20% is not a small number, well not for GM anyway. Gm is loosing money faster then niagra falls spills water.Technically if it wasnt for GM's other compaines, it would be bankrupt and gone.

 

 

nipper

[4WDFrenzy]

20%? I'm guessing this is how much stock from Fuji Heavy Industries that GM holds. The news said that GM sold 8.9% of it's stock in FHI to Toyota. I like GM, but that is what happens when you try putting your hand in everyone else's cookie jar. Sometimes you get your hand stuck, if you know what I mean.

[jeffast]

well put

[nipper]

20%? I'm guessing this is how much stock from Fuji Heavy Industries that GM holds. The news said that GM sold 8.9% of it's stock in FHI to Toyota. I like GM, but that is what happens when you try putting your hand in everyone else's cookie jar. Sometimes you get your hand stuck, if you know what I mean.

 

8.9% cash (4.90 a share i think?) and the rest of the price to be determined later at stock market rates.

 

nipper