General Motors Returns To Being A Public Company
General Motors is returning to life as a public company Thursday with a stock offering worth potentially $23 billion. This ends the U.S. government’s role as majority shareholder and closes a remarkable chapter in American corporate history. The IPO could wind up as the largest in history. GM set a price of $33 per common share on Wednesday.
Thursday morning, CBS News Business and Economics Correspondent Rebecca Jarvis joined John Hines on WCCO Radio to talk about the sale.
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