CORRECTED - GM mulls sale of GMAC stake to investor group-WSJ

Newswire

In NEW YORK story headlined "GM mulls sale of GMAC stake to investor group-WSJ," please read in first paragraph ... a 51 percent stake ... instead of ... its 51 percent stake ... (corrects characterization of General Motors' ownership of General Motors Acceptance Corp.). A corrected repetition follows. NEW YORK, March 30 (Reuters) - General Motors Corp. is in talks to sell a 51 percent stake in General Motors Acceptance Corp. to an investor group led by hedge fund Cerberus Capital ...

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