Mutual funds in a bind as GM suspends dividend

Newswire

By Muralikumar Anantharaman

BOSTON, July 15 (Reuters) - General Motors Corp's latest liquidity-boosting moves may have bolstered chances of the U.S. automaker's survival, but they have put some institutional shareholders in a tight spot.

Income-oriented mutual funds, among the main shareholders of GM, could be forced to trim or sell their holdings after the automaker cut off income ...

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