The expected sale of General Motors Corp.’s GM Defense unit to General Dynamics is off. The Associated Press quotes a GM Defense official as saying the unit is not being sold to anyone at this time. A spokesman for the union at GM Defense’s London, Ont., Canada, plant said the news was good for workers, who were fearful of job losses if the sale occurred. A Canadian Auto Workers contract prevented the London plant from closing or having its production moved during the current contract’s ...
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