I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]
An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.
Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.
Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.
General Motors will launch its Initial Public Offering of stock on November 18, the Detroit News reports. No one from the company is allowed to speak publicly about the IPO at the moment as the SEC goes through the approval process, but a stock market analysis firm leaked this information to the press.
General Motors Co. plans to announce its sale price for its highly anticipated initial public stock offering Nov. 17 and start trading shares Nov. 18, according to a Tampa-based research firm.
The Detroit-based automaker will begin its so-called “road show,” with top GM executives selling the virtues of the company’s stock to potential investors, starting Nov. 3 — the day after the midterm elections, said Scott Sweet, senior managing partner for IPO Boutique in Tampa.
It is not yet known whether the SEC has approved and finalized that date. The federal government intends to offer enough of its common stock during the IPO to take its share below 50 percent. The Canadian government and the UAW’s VEBA healthcare fund will likely also include some of their shares in the initial selloff. Then each entity will slowly sell their equity off as the value of the stock rebounds.
From The Detroit News: http://www.detnews.com/article/20100902/AUTO01/9020466/1148/Analyst–GM-will-launch-stock-sale-Nov.-18#ixzz0yR459Y5g
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