GM filling for chapter 11 on monday

[Homeslice]

Originally Posted by fasternyou929

The new owners have sent out tender requests to people that already own the stock. If you don't already have it, I'd avoid it like the plague, as it's likely to head to $0 at a high rate of speed.

right but I meant the "new" company, whatever it's going to be called. Would it be launched as an IPO, or who would get access to the shares?