Tiger Woods Out as GM Endorser

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NEW YORK General Motors today said it would terminate its endorsement deal with Tiger Woods in December, ending the pro golfer’s nine-year stint with the automaker.

GM issued a statement asserting that  both GM and Woods “agreed to a mutual and amicable separation that included a desire for more personal time for the [golfer] who is expecting his second child in late winter as well as the search for budget efficiencies during a difficult economy for GM.”

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