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Sources: GM IPO expected to raise $10 billion

November 01, 2010

By TOM KRISHER and SHARON SILKE CARTY 2010-11-02T02:42:19Z DETROIT (AP) -- The sale of General Motors stock is expected to raise about $10 billion in an initial public offering that will reduce the U.S. government's stake in the automaker below 50 percent, three people briefed on the sale said Monday....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_GM_IPO?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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