Why Did General Motors Offer $6 Billion For Lyft?

newsfeedback@fool.com (John Rosevear), The Motley Fool
Wed, 08/31/2016 - 3:07pm

Lyft co-founders Logan Green (left) and John Zimmer (right) with GM president and Lyft board member Dan Ammann (center) earlier this year. Image source: General Motors. General Motors (NYSE: GM) told Lyft earlier this year that it was willing to pay nearly $6 billion to buy the ride-hailing start-up outright, according to a new report.

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Topics:  logan green   john zimmer   dan ammann    nyse   gm    detroit   gm   lyft   motors   billion   earlier   year   
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