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The U.S. Treasury plans to sell 200M General Motors (GM) shares, valued at about $5.5B, back to...
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Wednesday, January 16, 4:59 PM ETThe U.S. Treasury plans to sell 200M General Motors (GM) shares, valued at about $5.5B, back to the auto maker. The announcement of the share sale was made back in December, and once completed will leave the Treasury with 300M shares remaining. JPMorgan (JPM) and Citigroup (C) have been tapped to make the sale.
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