Jul
26
2010
GM Agrees to Buy Lender AmeriCredit for $3.5 Billion
Posted by Usual in Lender Approved Short Sales, tags: $3.5, Agrees, AmeriCredit, Billion, LenderGM Agrees to Buy Lender AmeriCredit for $3.5 Billion
General Motors Co., the automaker 61 percent owned by the U.S., is buying subprime lender AmeriCredit Corp. for $3.5 billion to help it reach more customers with leases and loans to borrowers with faulty credit records.
Read more on BusinessWeek

Entries (RSS)