General Motors is considering offering 20% to 30% of a pending IPO stock flotation to retail investors. Bank of America (BAC), Citigroup (C), JPMorgan (JPM) and Morgan Stanley (MS) are expected to be the lead underwriters, a source familiar with the situation told Reuters.
GM to Offer Up to 30% of Pending IPO to Retail Investors
By editor Aug 14, 2010, 1:42 AM
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