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General Motors to Boost IPO By 30%, Making It Biggest Ever
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General Motors to Boost IPO By 30%, Making It Biggest Ever

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General Motors to Boost IPO By 30%, Making It Biggest Ever

The U.S. Treasury owns nearly 61 percent of GM as a result of its $50 billion taxpayer-funded bailout, but a boost in the IPO size would reduce this stake to about 26 percent.

More on CNBC...

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Biggest ever AFTER IPO of Archicurtural bank of China, the latter was bigger.

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