U.S. Government Sells 22 Million GM Shares, Still Owns 13.8%


The U.S. Treasury sold 22 million GM shares and wants to offload another 30 million shares of GM common stock in a 50-million-share offering that also includes a sale by the UAW union’s GM retiree health-care trust, the second-biggest shareholder behind the U.S. government with 160.2 million shares. Read more »