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New GM almost ready to roll

By Bernard Simon in Toronto and Nicole Bullock in New,York

Published: July 3 2009 03:00 | Last updated: July 3 2009 03:00

A new General Motors could emerge from bankruptcy protection next week if a federal judge approves its restructuring plan, as seems likely.

Judge Robert Gerber adjourned proceedings after the US carmaker indicated it would revise some terms of the plan to accommodate objections. It filed a revised plan with the Securities and Exchange Commission late yesterday.

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