General Motors Company priced the common stock in its historic initial public offering at $33 per share and raised $20.1 billion or $23.1 billion if the underwriters’ over-allotment options are fully exercised.
GM, Harrah’s, Booze Hamilton and Aeroflex are four of the ten companies expected to raise as much as $12.5 billion in public offering this week. General Motors, the third largest public offering is expected to raise $10.5 billion and use proceeds to repay the U.S. Treasury bail out of $50 billion.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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