FORT WORTH, Texas (AP) _ AmeriCredit Corp. shareholders have approved the company's $3.5 billion sale to General Motors Co., the auto financing company said Wednesday.
The deal closed on Friday.
Votes were reported at a shareholder meeting Wednesday at AmeriCredit headquarters in Fort Worth, Texas.
Detroit-based GM agreed to acquire Americredit in June to help it lend to customers with weaker credit.
The acquisition is important for GM because expanding its lending operations to reach more customers was seen as a critical step ahead of the automaker's initial public offering.
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