Thursday, November 18, 2010

US comfortable with GM IPO pricing, investors

UPDATE 1-US comfortable with GM IPO pricing, investors Reuters
"Bloom said GM has done the right thing and pricing of $33 per share is a 'fair deal' even though the partial sale represents a loss of roughly $9 billion on taxpayers' original investment.
'We're very comfortable with the way this went,' Bloom said"

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