will this 'new' GM have stock? what will happen to GMGMQ? will they retire that and issue new stock under a different symbol?
The unions will own the other 28 percent To be fair, all of these percentages will decrease as the new GM will have an IPO. Slowly, all 3 groups will divest in the next few years. It's just that they brought the most sacrifices, so they will end up recovering part of the costs in the IPO.