As announced yesterday, GM will soon have a bank's support in their attempt at getting the public listing they have been seeking for quite some time. The announcement of a choice being made came even sooner then expected as today the U.S. Treasury made public the name of the bank chosen for the task at hand. According to The Detroit...
According to some "inside sources" General Motors and the US Treasury are expected to already have chosen a lead bank for the carmaker’s initial public offering as early as this following week. Since GM's Ed Whitacre is eagerly expecting public listing, the report claims that GM, which is majority-owned by the US government, would have to decide soon on an...
According to an announcement made today by Ed Whitacre, CEO of General Motors, the company has payed back the government loans in full today. The sum sent by GM to the US Treasury and Export Development Canada comes to a total of 5.8 billion dollars. The company seems to be doing really well and has not only managed to bay...
