U.S. says got another $1.8 bln from GM offering

WASHINGTON, Dec 2 (BestGrowthStock) – The U.S. Treasury Department
said on Thursday that it had received $1.8 billion in
additional net proceeds from General Motors’ initial public
offering.

As a result of the exercise of an over-allotment option,
overall net proceeds that Treasury has taken in from the GM
offering now total $13.5 billion. Last month, GM pulled off the
biggest public offering in U.S. history by raising $20.1
billion in sales of common and preferred shares.

(Reporting by Glenn Somerville, Editing by Chizu Nomiyama)

U.S. says got another $1.8 bln from GM offering