A couple of weeks ago we announced we were proceeding with negotiations with News Corp. That is our priority, ... We are engaged in these negotiations with News Corp. and Sky Global Network. The company and our board of directors have an obligation to respond to the interests of all of our shareholders. As such, we would always consider any alternative. |
A couple of weeks ago we announced we were proceeding with negotiations with News Corp. That is our priority. We are engaged in these negotiations with News Corp. and Sky Global Network. The company and our board of directors have an obligation to respond to the interests of all of our shareholders. As such, we would always consider any alternative. |
Discussions are ongoing, but we are not in a position to report any new developments. |
General Motors believes it has adequate cash and liquidity to run the business and we have prudent capital planning strategies in place. |
GM has no plans to fully unwind its current equity relationship with Suzuki. In the event GM reduces its stake in Suzuki, it will be done in an orderly manner through an open market repurchase. |
I think we are assessing the entire situation of where we've got capital deployed and where we may choose to redeploy it. Everything is being assessed. |
It?s the benefit guarantees plus other exposures. |
It's not that we've given up on the 5 percent margin [goal] but it's certainly not likely to be attained by 2003, ... The change in this program makes it much more relevant for our situation today. |
Lawyers look at this all the time to assess trading restrictions and look at if and when there could be some relief. Many of us are still subject to the trading ban. |
Our financial performance is unacceptable, we know that and we've been working hard to turn around North American operations to improve our financial performance, |
Suffice it to say that the price of the stock is an important part of the equation. |
That review is going on very intensively right now. |
The annual meeting used to last eight hours. I think we've come up with a pretty elegant solution. Now we can get to the grass-roots shareholders without a lot of contrived filibustering. |
The board will be apprised of the GMAC situation and the Delphi situation. |
There was no regularly scheduled April meeting. |