GM to register 3.5 bln shares of stock for sale

Courtesy Newsvine - business  Fri, 08/07/2009 - 16:02

The new General Motors Co. plans to register 3.5 billion shares of stock to ready itself for a public offering sometime next year, using the proceeds to repay at least part of what it owes the U.S. government and other stakeholders.


 

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