At an anticipated $16 billion, General Motors’ pending initial public offering was expected to be the second largest in history. Now, the No. 1 U.S. automaker is revising IPO expectations downward, anticipating it will bring in $8 billion to $10 billion when shares go public in November.
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GM’s IPO Will Likely Be Smaller Than First Planned originally appeared on DailyFinance on Fri, 24 Sep 2010 09:23:00.
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