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Ally Financial is expected to file for an IPO in the next two weeks, sources say. The float...

Ally Financial is expected to file for an IPO in the next two weeks, sources say. The float could ultimately raise $6B-$7B and would allow the government to begin divesting its 73.8% stake in the firm.
Comments (1)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    GM launches an "IPO" and becomes New GM.

     

    GMAC becomes Ally becomes New Ally.

     

    Aren't there laws against money laundering?
    29 Mar 2011, 08:57 AM Reply Like
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