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What happens to my GM stock???
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Jim Beam
Posted 3/6/2009 18:11 (#634063 - in reply to #634011)
Subject: RE: What happens to my GM stock???


Roaming the plains
If it remains GM then you still own the stock. If GM merges or is bought out then those shares migrate to the new entity. When Kmart bought Sears, Sears stock became Sears Holding.

GM will still be GM in a bankruptcy. Your stock is an ownership stake in GM.
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