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Detroit-based General Motors Co. owned Ally Financial Inc.’s predecessor, GMAC, until 2006, when the automaker sold 51 percent of it to Cerberus Capital Management LP.

Photographer: Jeff Kowalsky/Bloomberg

Detroit-based General Motors Co. owned Ally Financial Inc.’s predecessor, GMAC, until 2006, when the automaker sold 51 percent of it to Cerberus Capital Management LP.
September 20, 2012
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