USA: Hughes sale off but General Motors to pocket $US600 million anyway - paper
General Motors on Tuesday halted plans to sell its Hughes Electronics division to the EchoStar Communications Corporation, two months after United States federal and state regulators moved to block the deal, the New York Times (NYT) reported. However, GM will receive a $US600 million break-up fee from Echostar that was included in the original agreement, the NYT said.
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