Moody's keeps GMAC rating on review for downgrade

LONDON, April 3 (Reuters) - Moody's Investors Service on Monday said it still might cut its Ba1 rating on General Motors Acceptance Corp. (GMAC), after GMAC's parent General Motors agreed to sell a 51 percent stake in the unit.

In a statement, the rating agency said it thought maintaining the Ba1 rating, one level below investment grade, would be the "best-case rating outcome" at the close of ...