A new group of investors has entered a bid for General Motor's financing arm. According to a report in the Wall Street Journal, a group headed by private equity firm Kohlberg Kravis Roberts & Co. has sumitted a non-binding bid valued at between $12.5 billion and $13 billion for GMAC.
For the entire story, please visit KKR leads nonbinding $12.5-13 bln GMAC bid: WSJ.
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