Posts Tagged ‘gm fast-track ipo’

Obama administration wants fast-track IPO for General Motors

Thursday, November 19th, 2009

2010 Cadillac DTSThe Obama administration wants to hurry up its initial public offering (IPO) of General Motors Co. shares to reduce its majority stake in the automaker, according to Ron Bloom, the head of the U.S. government’s autos task force, in an interview with Reuters. At the earliest, an IPO for GM could come in the fourth quarter of 2010. Continued after the jump!

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