Articles Tagged with "GM"

GM plans aggressive marketing efforts after IPO, Ewanick says

General Motors Co., which raised more than $20 billion an initial public offering yesterday, will be more aggressive marketing its brands now that it is publicly traded again, the automaker’s top marketer said. “There were things we would have tried or done that we did not do” during the pre-IPO quiet period, Joel Ewanick, GM’s vice president of U.S. marketing, said today in an interview in Los Angeles. “Now, you’ll start seeing more and more.”

Nov. 19 , 2010
SAIC takes nearly 1% share in GM

SAIC Motor Corp. said that a Hong Kong-based subsidiary had acquired a nearly 1 percent stake in General Motors Co. as part of the U.S. automaker's initial public offering, reports said. The company paid the $33 per share IPO price for 15.15 million shares, or about $500 million, the reports said.

Nov. 19 , 2010
GM stock is priced at $33

General Motors Co. priced its historic initial public offering at $33 per share, raising $20.1 billion in common and preferred stock in one of the largest U.S. stock offerings, according to people familiar with the deal.

Nov. 18 , 2010
GM's IPO may raise record amount

General Motors Co. will increase the size of its initial public offering Wednesday by about 30% to 478 million shares, people familiar with the matter said, which could make it the largest global IPO in history.

Nov. 17 , 2010