initial public offering
General Motors Files for IPO; Says Buh-Bye to Socialism
General Motors has just announced the filing of papers with the Securities and Exchange Commission for an Initial Public Offering (IPO) that will see the company handed back over to investors and removed from government control. Including in the filing are plans for preferred stock that carries with it both debt and equity and also…
Tesla’s Future Gets a Charge With $226 Million Raised in IPO
Despite never turning a profit and selling as few as just 1,000 vehicles, Silicon Valley electric car maker Tesla Motors has raised $226 million in an initial public offering. Even more amazing is the fact that Tesla was able to generate such investment in the midst of a still shaky economic recovery that has seen…
