Business
GM Delists with LSE
GM Delists with LSE.
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[{"type":"text","content":"\n \n General Motors Corporation to Complete the Process of Delisting Common Stock\n from Trading on the London Stock Exchange\n\n DETROIT, April 20 -- General Motors Corp. (NYSE: GM) announced today that at \nthe Corporation's request, the Financial Services Authority (\"FSA\") in the U.K. \nhas authorized shares of GM's $1-2/3 Par Value Common Stock to be delisted from \ntrading on the London Stock Exchange (\"LSE\") at the opening of trading on the \nLSE on Monday, May 21, 2007.\n The request by GM for delisting on the LSE is part of GM's plan to\nconcentrate the trading of its shares on the NYSE, to eliminate the listing\nfees charged by other exchanges, and to avoid multiple regulatory schemes that\ngovern corporations whose shares are traded on exchanges located in more than\none jurisdiction. GM recently delisted its shares from the Toronto, Pacific,\nChicago and Philadelphia Stock Exchanges in North America and the Frankfurt\nand Dusseldorf Exchanges in Germany.\n\n General Motors Corp. (NYSE: GM), the world's largest automaker, has been\nthe global industry sales leader for 76 years. Founded in 1908, GM today\nemploys about 280,000 people around the world. With global headquarters in\nDetroit, GM manufactures its cars and trucks in 33 countries. In 2006, nearly\n9.1 million GM cars and trucks were sold globally under the following brands:\nBuick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac,\nSaab, Saturn and Vauxhall. GM's OnStar subsidiary is the industry leader in\nvehicle safety, security and information services. More information on GM can\nbe found at www.gm.com.\n\nSOURCE General Motors Corporation\n -0- 04/20/2007 P\n /NOTE TO EDITORS: For additional media information visit\nhttp://media.gm.com ./\n /CONTACT: Renee Rashid-Merem of General Motors Corporation,\n+1-313-665-3128, [email protected] /\n /Web site: http://media.gm.com\n http://www.gm.com /\n (GM)\n\n\n\n\n\n \n ","length":2038,"tagName":"div"}]