TEXT-S&P: General Motors' announcement has no rtg effect
Posted on December 19, 2012 at 09:17 AM EST
Dec 19 - Standard & Poor's Ratings Services said today that the announcement by General Motors Co. (GM; BB+/Stable/--) that it will spend up to $5.5 billion to acquire 200 million of its common stock held by the U.S. Treasury (UST) has no impact on the ratings on GM.
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