GM share offering biggest in US history

Comments (0) | 18 Nov 2010 | Rating | Print by Tim Human

Sale of common stock and preferred shares together bring in $20.1 bn, which could rise if underwriters take up over-allotment

General Motors has pulled off the biggest IPO in US history after the number of shares being sold was increased to meet demand.

The total amount raised by the share offering will be at least $20.1 bn, and could rise to $23.1 bn if underwriters take up the ...

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