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The Biggest IPOs in History
By siliconindia
General Motors
General Motors raised $20.1 billion IPO in 2010, that too after filing for Chapter 11 bankruptcy in 2009. GM was bailed out by the U.S. government for $50 billion and after reorganization under the provisions of Chapter 11, GE was re-listed on the New York Stock Exchange (NYSE) in November 2010. The IPO rose to $23.1 billion, after the underwriters, led by Morgan Stanley, JPMorgan Chase, Bank of America, and Citigroup, took up the additional 13 million shares for $650 million.
