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US government to sell most of Ally Financial stake in IPO – Reuters



New York Times

US government to sell most of Ally Financial stake in IPO
Reuters
(Reuters) - Bailed-out auto lender Ally Financial Inc said the U.S. government would sell the bulk of its stake in the company in an initial public offering that could raise up to $2.66 billion. A successful IPO will mean the U.S. Treasury has turned a ...
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