GM’s $10.6 Billion IPO Could be an Enticing Opportunity For Investors

By Don Miller, Associate Editor, Money Morning

General Motors in an initial public offering (IPO) this month will price its shares at a level that could regenerate investor interest, and even throw off generous returns over time.
At least that's the hope of the U.S. government, which is likely to see its taxpayer-owned stake fall to less than the symbolically important 50% level when it sells approximately $7 billion of its shares in the IPO.