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Ford and General Motors in talks with First Brands over rescue financing, FT reports
- Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group over a potential financing package
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Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group over a potential financing package to keep the Ohio-based company operating during its Chapter 11 proceedings, the Financial Times reported on Monday, citing several people familiar with the matter.
Reuters could not immediately verify the report.
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