By Antony Currie NEW YORK, Oct 28 (Reuters Breakingviews) - Weeks before its share sale the carmaker is using cash and stock to erase $11 bln of liabilities. That bolsters the balance sheet and frees up $500 mln in interest payments. It also allows investors to focus less on GM's financial issues and more on its core business. A considered view will be published shortly. CONTEXT NEWS -- General Motors announced it is taking a series of actions to reduce financial leverage. The ...
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