GM stock closed higher than the initial offering price on the first day of trading. The U.S. government divested itself of more than half its stake in GM - taking its ownership of the company from 61 percent down to 26 percent.
Source: http://feeds.worldcarfans.com/~r/worldcarfans/Jxfz/~3/vUeuOuAvSks/ipo-ushers-in-a-new-era-for-gm
Gerry Ashmore Bill Aston Richard Attwood Manny Ayulo
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