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GM Launches Largest U.S. Initial Public Offering Of 2010 At The NYSE

Date 18/11/2010

General Motors Inc., led by its Chief Executive Officer Dan Akerson  visited the New York Stock Exchange on Thursday, November 18  to celebrate the launch of its public offering, in which it raised approximately $16 billion, making it the largest U.S. IPO of 2010, and  amongst the largest in history.   General Motors began trading today under the NYSE ticker symbol “GM”.

“General Motors returns to the NYSE as a company with a great global brand and heritage, and a renewed focus on innovation, quality and the customer,” said Duncan L. Niederauer, Chief Executive Officer, NYSE Euronext.  “We welcome GM to the NYSE, and we are committed to providing the highest levels of market quality and service to the company’s leadership team, employees and shareholders.”