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According to CNBC, General Motors (NYSE: GM) shares were halted as bondholders agreed to a sweetened deal. Shares have been reopened since. (This post is a live update). GM shares have jumped over 15% since trading has resumed.
This still doesn't mean a bankruptcy has been avoided, but at least creditors would not oppose attempts to sell GM's profitable assets to a new company -- the "New GM" -- sponsored by the U.S. Treasury.
Continue reading GM shares reopen after being halted; bondholders agree to sweetened proposal
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| 9 | Melly Alazraki | 25 | 0 |
| 10 | Zac Bissonnette | 23 | 0 |
| 11 | Paul Foster | 23 | 0 |
| 12 | Jim Cramer | 20 | 0 |
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| 14 | Jon Ogg | 20 | 0 |
| 15 | Brian White | 20 | 0 |
| 16 | Eric Buscemi | 17 | 0 |
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| 18 | Sheldon Liber | 13 | 0 |
| 19 | Beth Gaston Moon | 8 | 0 |
| 20 | Michael Fowlkes | 7 | 0 |
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