Ally Financial IPO Provides An Exit For U.S. Treasury Detroit-based Ally Financial Inc., one of the nation’s biggest auto lenders and the former captive finance company for General Motors, today filed an Initial Public Offering worth about $2.7 billion. The Ally IPO is unusual in a couple of respects, according to today’s filing with the Securities and Exchange Commission: First, the [...]
March 27, 2014 - Forbes