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GM raises IPO price range due to demand

liblady

liblady

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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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