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Demand may propel new GM shares above $30 11/13/10

http://www.detnews.com/article/20101113/AUTO01/11130351/1148/auto01/Demand-may-propel-new-GM-shares-above-$30

IPO, set for Thursday, draws heavy interest from institutional and foreign investors

By David Shepardson & Christina Rogers; The Detroit News - Nov. 13, 2010

 

Washington— General Motors Co. may sell more stock than initially planned, at a higher price than expected, because of strong investor demand, people briefed on the matter said Friday.

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