UPDATE 2-US: a GM bankruptcy would take at least 60-90 days

Newswire

* US expects at least 35 pct approval of bond offer * Obama expected to discuss GM on Monday * US plans to extend up to $30 bln in new aid to GM (Adds time frame on likely Obama discussion of GM restructuring, Chrysler details, bondholder figure) By John Crawley WASHINGTON, May 28 (Reuters) - The Obama administration estimates that a General Motors Corp bankruptcy would take at least 60 to 90 days and perhaps longer to complete, a senior official said on Thursday. The official, who ...

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