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GM Closes Acquisition of Cruise Automation

General Motors President Dan Ammann (right) with Cruise Automation co-founders Kyle Vogt (center) and Daniel...

GM said in a statement additional details of the acquisition will be disclosed with the company’s second quarter financial results. The auto maker typically reports its second-quarter earnings in late July.

GM in March said it would acquire Cruise to accelerate its efforts to develop self-driving cars. The deal is...