Detailed text transcripts for TV channel - FOXNEWS - 20121220:10:45:00
5.5 billion total. that's nearly 8 percent premium on gm's tuesday closing price. it plans to unload the remaining 300 million shares on the open market within the next 12-15 months starting as soon as january and based on a prearranged prit ten trading plan. even if the government gets the same 27.50 for the remaining shares the taxpayers will shiti be more than 7 billion short of recouping the nearly $50 billion bailout we gave to gm during the crisis. it has recovered 27 billion of that. the government is relinquishing governance rights it received in exchange for the bailout. it happens da...
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