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General Motors announces details of share offering

Comments (0) | 4 Nov 2010 | Rating Rating (-1 to +1): 0.0

| Print by Tim Human

Sale features 365 mn common shares and 60 mn preferred convertible shares

General Motors, the US car maker bailed out by the government last year, has said it expects to raise $13 bn in its proposed share offering.

In a statement on Wednesday the company said the offer will consist of 365 mn common shares at an expected price range of $26- ...

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