GM stock sale to be led by Morgan Stanley, JPMorgan

By: David Welch June 14, 2010

Morgan Stanley and JPMorgan Chase & Co. are expected to lead General Motors Co.'s initial public offering that may have the U.S. reducing its ownership as soon as this year, people familiar with the matter said. At least five investment banks competed to handle the sale, which may be worth as much as $12 billion, making ...

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GM stock sale to be led by Morgan Stanley, JPMorgan

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