Auto Industry Bailout, General Motors Ipo | featured news

(Image from article: "G.M. Said to Plan Cut in U.S. Stake by a Third")

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G.M. Said to Plan Cut in U.S. Stake by a Third

General Motors will shrink the government’s ownership stake to less than 50 percent in a $10.6 billion initial public offering, people briefed on the matter said.

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