Rumor has it that Sergio Marchionne is planning on taking Chrysler public once again
AutoTrader Pockets $400 Million Before Going Public
That AutoTrader still exists in the post-Craigslist world may come as a surprise to some car shoppers. But the company is apparently alive and well, and will be going public, having just filed a $300 million IPO.
GM gives its preferred shareholders $59.4 million in dividends
While regular General Motors shareholders get to ride the wave below the IPO price, the swells holding the preferred mandatory convertible shares get dividends totaling $59.4 million.
Tesla Shares Fall 15% After Insiders Turned Loose
Freed from a post-IPO lockdown, Tesla investors discharge 15% of its share price. [Bloomberg/Freep]
Chevy Giving $40 Million Away To Cut Carbon
GM Launches $13 Billion IPO, Says It's Makin' It Rain
General Motors officially kicked its IPO old school today, plotting to hawk $13 billion in shares Nov. 18. Original G also popped up to $2.1 billion in net income last quarter. Mad cheddar. [GM]
GM IPO Needs $133.78 Per Share To Recover Taxpayer Dollars
GM's IPO needs to be priced at $133.78 per share for taxpayers to make their money back. Good luck with that. [AP]
GM CEO Says Bailout Repayment Could Take Years
New General Motors CEO says not to expect the IPO to pay back taxpayer bailout money. Also, the sky is blue. [CNBC]
Why GM's IPO Sales Pitch Begins The Day After The Election
General Motors won't start the hard sell of its shares to investors, called a "road show," until Nov. 3, one day after mid-term elections, and the actual IPO now expected Nov. 18. Why? Politics, of course.
