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GMA Gmac Llc 7.30% Public Income Notes (Pines) Due 3/9/2031

25.27
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gmac Llc 7.30% Public Income Notes (Pines) Due 3/9/2031 NYSE:GMA NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.27 0.00 01:00:00

Fortress Said To Be In Talks For $1 Billion ResCap Deal -Bloomberg

15/03/2012 10:01pm

Dow Jones News


General Motors Pines (NYSE:GMA)
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Fortress Investment Group LLC (FIG) is in talks to pay more than $1 billion to buy assets from Ally Financial Inc.'s mortgage business, Residential Capital, Bloomberg News reported Thursday, citing people with knowledge of the matter.

Fortress would buy the assets as part of ResCap's bankruptcy filing, which is reportedly coming within weeks, Bloomberg reported, citing its sources.

Full story at http://www.bloomberg.com/news/2012-03-15/fortress-said-to-be-in-talks-to-pay-1-billion-for-rescap-assets.html

-Dow Jones Newswires; 212-416-2900

 
 

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