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AP Source: GM to expand IPO by 31 percent

Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million common shares, a person briefed on the sale said Tuesday.

 

Taxpayers likely to face initial loss on GM IPO: sources

Taxpayers likely to face initial loss on GM IPO: sources

The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

 

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