Getting your player ready...
DETROIT — General Motors could file for an initial public offering of stock as soon as Friday, according to people briefed on the matter, The New York Times reported Wednesday.
GM is expected to report a second-quarter profit of $1 billion or more today, setting the stage for the long-awaited filing. A week ago, GM’s chief executive, Edward Whitacre Jr., said the company was drafting the paperwork and planned to file a stock registration in “the near future.”
