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GM raises IPO price range due to demand


pirate lover
DP Veteran
Aug 7, 2009
Reaction score
St Thomas, VI
Political Leaning
some good news, sometimes bailouts are the right thing to do!

GM raises IPO price range due to demand - Business - Autos - msnbc.com

The common stock price increase is a boon for the U.S. government, which is GM's largest stockholder. The government is trying to get back the $50 billion it gave the company last year to get through bankruptcy protection. Other owners selling stock are the Canadian and Ontario governments and a union health care trust fund.
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