Warning: Government Overhang Remains in General Motors (GM)

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Go back to Warning: Government Overhang Remains in General Motors (GM)

Will GM (GM) Shares See Another 'Treasury Pop' in FY13?

December 19, 2012 12:09 PM EST

Earlier on the session, the biggest news hitting the auto industry was General Motors (NYSE: GM) offering to repurchase 200 million shares from the U.S. Treasury for $27.50 per share, a 7.9 percent premium over Tuesday's close.

However, the Treasury still holds 300.1... More