GM bondholders reject offer
Source says few GM bondholders were interested in a proposal to swap debt for stock – virtually guaranteeing a bankruptcy filing in the next few days.
PepsiAmericas Rejects Pepsi’s Takeover Offer
By KEVIN KINGSBURY PepsiAmericas Inc. followed Pepsi Bottling Group Inc. in rejecting PepsiCo Inc.’s offer to buy the rest of the company it doesn’t already own, calling it unacceptable.
G7 officials offer sunnier outlook on global economy
By Greg Robb, MarketWatch WASHINGTON (MarketWatch) — The top economic officials of the world’s seven biggest nations said they were taking the necessary steps to get the global economy back on track and that growth should begin to recover later this …
Auto shares climb in Asia but analysts offer cautious outlook
“There was a marked difference in March auto sales growth in different countries, related to whether or not government support is in place,” analysts at …
Chrysler lenders plan debt offer -WSJ
NEW YORK, April 13 (Reuters) – Chrysler’s creditors plan to make a counteroffer to the US Treasury this week, in which they might ask for equity in a firm combining Chrysler with potential partner Fiat spa (FIA.