Shares of General Motors Corp. fell below $1 on Friday for the first time in 76 years as the struggling automaker approached a government-imposed restructuring deadline and a likely filing for Chapter 11 bankruptcy protection. GM shares lost more than 22…

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General MotorsChapter 11 Title 11 United States CodeAutomotive industryUnited StatesBusiness

Original post:
GM shares fall below $1 as deadline approaches