GM IPO –

GM ha filed registration papers for their long awaited IPO.  The initial public offering is reported to include preferred as well as common stock.  This will provide the government with an opportunity to sell a portion of their stake in the firm as a result of the bailout.

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/SB10001424052748703649004575437351219441406.html?mod=WSJ_hpp_LEFTTopStories

James Sutliff

This entry was posted in Banking, Bonds, Economic News, Investments, Stocks. Bookmark the permalink.