Saturday, June 18, 2011
GM becomes a public company
General Motors already has put the bags on the street. After begging the state to help my dad to let him sleep in his home while recovering his composure, GM has returned this morning to Wall Street and the Toronto Stock Exchange in style. It's been years and agonies, harsh criticism and transformation since it declared bankruptcy, but the revival seems to have a good start: its price, which started with 33 cents a share, rose to 35.99 near the point made the IPO, and now walks in a very healthy $ 35.28.
GM expects to raise a minimum of 20,100 million dollars, but if you met your best forecast, the amount could exceed 23,000 million dollars and set a new record.
The operation also involves the U.S. Treasury will become a minority shareholder, growing from 61% of the group to only 33%. Estimated benefits for the operation, the remaining shares would be sold at an average of $ 50. Some of the titles "downloaded" could end up with China's SAIC, which Beijing has requested permission to purchase 1% of GM for about $ 500 million.
Blog Archive
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2011
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June
- Kia 1.4 CRDi Venga Driving Report
- 2011 Murray T25 smaller than IQ - Spy pictures
- 2010 Opel Insignia OPC Sports Tourer
- Video: Jay Leno and Lamborghini Reventon Test
- 2010 Saab 9-5 Details and Pictures
- World premiere of the Saab 9-4X will be in November
- New Station Wagon Ford Focus first live pictures G...
- New 2011 Husqvarna SMR Supermotard 449/511
- Jaguar XKR Special Edition First Pics and details
- 2010 Mercedes-Benz E-Class Convertible Video
- Bugatti Veyron Videos
- Peugeot 407 Coupe Facelift
- 2011 Hyundai Sonata Limited with Navigation Perfor...
- Audi expects to sell at 80 000 A1 in the year
- 2010 Bentley Mulsanne basic details and price
- Figo Ford, Car of the Year in India 2011
- Spy shots enabled Chevrolet Cruze hatchback detail...
- F1: The Williams FW33 2011 is new car tested in Va...
- 2011 Volkswagen Passat CC has received Comfort & S...
- Seoul 2011: Ssangyong concept KEV 2, an electrifie...
- Ford is preparing a "hot" hatch Focus RS Clubsport
- 2011 Volkswagen AMAROK Test Drive amazing video
- 2012 Volkswagen Beetle R prepares for Frankfurt
- Modified Cars Picture Gallery -1
- New 2012 Opel Zafira will be available this year 2011
- Captur will be the basis for future compact SUV of...
- Renault Fluence launches in India
- Ford Fiesta USA: A musical pub or almost crazy (Vi...
- VW Amarok: Four pick-ups to rivet a steel giant - ...
- Toyota debut Green Concept Car at 2010 Detroit fir...
- 2011 Chevrolet Spark: Special -Hot Tunes- with pri...
- The Chevrolet Volt will be produced as standard fr...
- 2012 Model Aston Martin One-77 appeared at the Nur...
- Special edition BMW X6 Performance Unlimited
- Spy Photo Jaguar XF 2012
- Ford Focus RS Hybrid version details and pictures
- New Renault Twingo Gordini R.S.
- [Video ad] New Renault Laguna and its 4Control sys...
- Volkswagen BlueSport Concept Pictures
- Video: On the restricted zone around the nuclear p...
- New Generation Opel Allegra coming in 2013
- 2010 Volvo C70 Facelift
- New Renault Clio Grand Tour details and video
- Chevrolet Cruze recalls 150K of hot check steering...
- 4th UPDATE: Auto Industry Posts Best US Sales Of Year
- Ferrari 599 GTB Hamann Gold Video
- Saab Aero x Concept Car autoshow pictures
- Perfect Video Lexus LFA
- Mini is 7 seater concept Countryman Plus
- All about the new Fiat Punto Abarth Evo 2011
- 2012 Honda Jazz Electric Live first appearing Los ...
- The Bentley Azure Oprah, now available in the U.S.
- The company officially introduced the new Infiniti...
- Nissan Concept Ellure Hybrid live photos and detai...
- Hamilton tries to NASCAR F1 - Video
- 2011 Nissan Juke frontal offset crash test video
- Photos of 2011 Audi A6 new generation appeared in ...
- Buick Regal, working on a convertible
- Audi A4 Allroad Official photos and detail
- Seat Leon and Altea Facelift 2010
- 2012 BMW M5 F10 Renderings - 4.4 liter bi-turbo V8...
- Cheap Van Renault Scenic 2011 for family with new ...
- Prototype Subaru FT-1986 STI was seen in the U.S
- World's most expensive car up for sale
- First pictures: 2012 Chevrolet Aveo details
- 2010 Smart Fortwo New Photos
- Luxgen7 SUV: crossover Taiwanese with 2.2 Diesel E...
- VW Polo GTI 2010 : A German price reasonable and s...
- F1 - Video: Webber wish you a Merry Christmas
- 2011 Suzuki Swift new spy shots with interior picture
- Top 10 Car of 2011 according to Car and Driver list
- Audi TT Rs and Other Series Pictures And Video Show
- Ford Edge - Beijing 2010
- Tata Aria - 2010 New Delhi Auto Show
- Audi R8 Spyder signed Sport Wheels
- BMW X6 competitors: Acura Concept ZDX
- Luxury golf car Garia LSV
- New Kia Picanto 2011 premier first pics and price
- Bugatti Veyron Diamond Edition is based on noble m...
- Volvo will improve the speed record for hybrid truck
- Concern VW showed the first teaser of the new 2011...
- Aston Martin DBS by Anderson Black Matte Edition
- BMW accessory offers iPad
- 2011 2012 Hyundai Equus launch in the U.S. in a fe...
- Bicycle-home Caravan Chinese Edition
- Opel Astra Sports Tourer 2011 showed its interior spy
- Volkswagen Amarok: The price of the pick-ups
- HY5 BALL - Hyundai introduced the cars of the Worl...
- Nurburgring Package : only 50 supercars Lexus LFA ...
- Mercedes SL 65 AMG by Misha Design
- The 2011 Mustang Roush 5XR
- Dodge Challenger SRT8
- Concept Bike Subaru WRX
- Tesla and Toyota RAV4 electric work
- The European version of Hyundai Veloster gets 208-...
- 2030 Concept Electric Car Nissan Torii
- Moscow has hosted the European premiere of the new...
- 2012 Chevrolet Malibu was launched in June?
- 2012 Renault Megane RS hatchback powerful
- Officially Polish supercar Supersport Arrinera
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