GM shelves Chrysler talks in a play for government cashDavid Welch
When General Motors announced its $4.3 billion third-quarter loss—and the conflagration of almost $7 billion in cash that went with it—the company also said that talks to acquire Chrysler are being put on the shelf. GM needs to focus completely on its cash and liquidity problems, Chairman and CEO Rick Wagoner said. Is that the real reason?
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