GM IPO $33 –

The initial public offerring of General Motors is expected to be priced at $33 per share.  The $33 offer price would raise almost $16 billion dollars and that figure would climb to almost $23 billion after the sale of preferred shares.  GM is primarily owned  by the U.S. government which has a 61% share in the company.

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

Jim Sutliff

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