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GM's Cruise Gets $1.15 Billion New Cash From T. Rowe Price, SoftBank

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GM’s Cruise Gets $1.15 Billion New Cash From T. Rowe Price, SoftBank

General Motors Co’s majority-owned Cruise self-driving division said on Tuesday fund manager T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, valuing the unit at $19 billion.

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