Report: Bill Ford admits Blue Oval may lose investors to GM IPO, seems unconcerned
This week, GM filed paperwork to issue an IPO, thought to be one of the largest offerings in America's history. Until then, Ford had enjoyed the privilege of being the only publicly-traded domestic auto manufacturer after both GM and Chrysler filed bankruptcy in 2009. With a new kid on the block, odds are some money is bound to move toward The General and away from FoMoCo.
[Source: Bloomberg, The Detroit Free Press | Image: Scott Olson/Getty Images]
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