#StockSale

Treasury To Unload Remaining GM Stake

The U.S. Treasury has begun a sale of its remaining stake in General Motors, with a goal of selling its remaining shares by March 2014. Currently, the government owns more than 300 million shares in the auto maker, equivalent to a 19 percent stake.

Derek Kreindler Feb 26, 2013

Recent Comments

Master Baiter EV mandates running into the realities of charging infrastructure, limited range, cost and consumer preferences. Who could possibly have predicted that?
Jkross22 Our experience is that the idea of leasing/owning an EV is better than the experience of getting a closer look at them and coming away underwhelmed.
Ajla I never thought I'd advocate for an alphanumeric but "Junior" is a terrible name.
Arthur Dailey So pay moving costs, pay penalties or continue to pay for space in the RenCen, and purchase all new furniture and equipment. Rather than just consolidating in place and subleasing. Another brilliant business decision.
Jkross22 Why not just consolidate space and rent out to vendors at a reduced rate? Wouldn't this help with coordination and partnerships as well as letting go of unused space, turning it into a revenue generation opportunity as well as a PR win where GM could offer younger companies great space to develop ideas? Oh right, that might make more financial sense. Can't take the OLD GM out of GM.

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Treasury To Unload Remaining GM Stake

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