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GM To File IPO by Tuesday

By Aug 16, 2010, 3:55 PM 

General Motors has completed the paperwork for an initial public offering and timing of its filing with the U.S. securities regulators now rests with the board of the top U.S. automaker, a source familiar with the situation said on Monday. GM’s IPO is expected to raise between $15 billion to $20 billion in one of the largest IPOs ever, the source said – Reuters

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