General Motors: 1991 Equity Financing Case Solution
CFO of General Motors, Bob O'Connell, is determining a variety of equity choices to finance a substantial shortfall over the next year or two.
His tasks are to map out a financing strategy for the long term and to pick the equity instrument to be issued instantly. Of particular interest to O'Connell is a new security called PERCS (preferred equity redemption accumulative stock).
PUBLICATION DATE: November 16, 1995
This is just an excerpt. This case is about FINANCE & ACCOUNTING