Corporate Acquisitions

Topic: Ed Whitacre

Search Results for: Ed Whitacre

Key events from GM's bankruptcy to its IPO

Key events from GM's bankruptcy to its IPOA timeline of key events at General Motors Co., starting with its exit from bankruptcy protection last year:2009_ July 10 — Emerges from bankruptcy protection only six weeks after it filed for reorganization. Becomes ...

AP News |

General Motors post-bankruptcy timeline

General Motors timeline, from bankruptcy to public offeringA timeline of key events at General Motors Co., starting with its exit from bankruptcy protection last year:_ July 10, 2009 — Emerges from bankruptcy protection only six weeks after it filed for reorganization. Becomes ...

AP News |

Special Report: For GM IPO, the government is back-seat driver

NEW YORK/DETROIT (Reuters) - Steve Girsky remembers sitting at his kitchen table in New York on the eve of President Barack Obama's election when he realized that General Motors was going to run out of cash."I put down my pad ...

Reuters US Online Report Top News |

GM reserves five percent of IPO stock for employees, others

General Motors will set aside up to five percent of common shares for employees, retirees and dealers to buy in its initial public offering, the US automaker said in a regulatory filing Thursday.The IPO, which will be a turning point in ...

AFP Global Edition |

GM's Whitacre sees IPO share price in $20-25 range

SAN ANTONIO (Reuters) - Shares of General Motors Co are likely to be priced between $20 and $25 in the initial public offering by the automaker in November, Chairman Ed Whitacre said on Wednesday, a move that would make its shares more attractive ...

Reuters US Online Report Business News |

New GM CEO's pay package worth $9 million

New General Motors CEO to get pay package worth $9 million in salary and stockNew General Motors Co. CEO Daniel Akerson will get the same $9 million pay package as the man he replaced, Ed Whitacre.Akerson, a former telecommunications industry and ...

AP News |

White House hails new GM CEO Akerson

WASHINGTON (Reuters) - The White House hailed GM's new CEO Dan Akerson on Friday as a proven and respected executive who can guide the company's recovery.Spokesman Robert Gibbs said President Barack Obama was informed of Edward Whitacre's resignation and ...

Reuters US Online Report Business News |

CEO of General Motors will step down

It was just one surprise after another Thursday for General Motors.. . The company's CEO unexpectedly announced he is stepping down — the same day...

NY Daily News |