AmeriCredit Auto Finance Sold To General Motors

AmeriCredit shareholders approved a 3.5 Billion Dollar acquisition by General Motors that has been in the works since June.

General Motors needed a way to offer financing to those with medium credit and AmeriCredit was seen as the solution. AmeriCredit stock rose 7 cents and this should give GM a confidence boost before their initial stock offering.

The question is; Do you see General Motors as a stronger company now as compared to pre-Government GM?