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Steven Rattner has reached an agreement with New York Attorney General Andrew Cuomo to settle allegations that the former “car czar” paid a state official to steer state pension-fund business to Rattner’s Manhattan-based privat…
After its near-miraculous emergence so quickly from bankruptcy, the new GM will certainly make big bucks for investors if it fulfills its potential to beat sales forecasts and earnings expectations. And, no, it wouldn’t take an…
General Motors will increase the size of its IPO by almost one-third to meet strong investor demand.
The company said it will increase the IPO to 478 million common shares, 31% more than the planned 365 million. These figures exclude the amount of sha…
General Motors is giving some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
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