US [updated 12:55BST]: GM files IPO paperwork with SEC
Author: just-auto.com editorial team | 19 August 2010
General Motors Company last night announced it had, as widely speculated earlier this week, filed a registration statement for an initial public stock offering (IPO) with the US Securities and Exchange Commission (SEC). The proposed public offering consists of a mix of common stock and series B mandatory convertible junior preferred stock, the automaker said.
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