gm acquires americredit
| 8:20AM 7/22/2010
General Motors announced Thursday that it is acquiring AmeriCredit (ACF) in an all-cash transaction valued at approximately $3.5 billion, or $24.50 per share of ACF -- a 24% premium over its closing price of $19.70 Wednesday. As an auto finance company, AmeriCredit will be able to help GM to meet...