The United States Treasury has shuffled another 135 to 137 million shares of General Motors stock as it continues its exit from the Detroit-based manufacturer. According to The Detroit News, the July sale netted the government $876.9 million, which was valued between $34 and $37 per share. The government's initial 61-percent stake in GM has been pared down considerably in the post-bailout world, with Uncle Sam holding half a billion shares at the end of 2012.
Autoblog , US Treasury sells $877 million in GM stock, US Treasury sells $877 million in GM stock
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