New GM almost ready to roll

[Illum]

"The US and Canadian governments will own 72 per cent of the new GM"

 

[tracer619]

will this 'new' GM have stock?

what will happen to GMGMQ?

will they retire that and issue new stock under a different symbol?

 

[Renegen]

Quote from Illum:

"The US and Canadian governments will own 72 per cent of the new GM"

The unions will own the other 28 percent


To be fair, all of these percentages will decrease as the new GM will have an IPO. Slowly, all 3 groups will divest in the next few years. It's just that they brought the most sacrifices, so they will end up recovering part of the costs in the IPO.

 

[ang_99]

USPS runs great, I never lost any mail. Everything I send arrives on time.