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Tire Companies Among GM’s Largest Creditors

Tire Business is reporting (subscription required) that tire companies Continental A.G., Goodyear and Bridgestone Corp. are among General Motors Corp.’s 50 largest creditors. The three companies are collectively owed nearly $27 million, according to court documents. GM filed for Chapter 11 bankruptcy protection June 1, showing $172.8 billion in debts and $82.3 billion in assets.

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