Initial Public Offering

GM Lands $5 Billion Line Of Credit, Could File For IPO By Tomorrow
GM Lands $5 Billion Line Of Credit, Could File For IPO By Tomorrow

Last week, Ed Whitacre said that he was unsure about the timeline for General Motors' initial public offering. Analysts have been expecting GM to return to the stock markets this fall, but there's been a sizable obstacle standing in the automaker's way: finding a $5 billion line of credit, which GM...Read More»

Edward E. 'Ed' Whitacre, Jr.
General Motors Goes Public About Going Public

A little over a year ago, General Motors was split in two: stockholders were left with shares in "Old GM", known officially as "Motors Liquidation Company" -- currently trading around $.41 -- while "New GM", now known as "General Motors Company" became a privately held enterprise owned by a range...Read More»

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