The U.S. Treasury is accelerating its sell-off of stock in General Motors Co., which likely will be free of the moniker “Government Motors” by spring.The taxpayers’ ownership stake in the Detroit-based automaker, once more than 60 percent, is now down to 7.3 percent.
According to documents filed Tuesday on the Treasury’s website, the government has 101 million remaining shares, and it intends to sell them by March.
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