General Motors: 1991 Equity Financing Case Solution
Bob O'Connell, CFO of General Motors, is considering various alternatives to capital to finance large deficits over the next few years. Its objectives are to identify a funding strategy for the long term and select the equity instruments to be issued immediately. Of special interest to O'Connell is a new security called PERCS (cumulative preferred stock buybacks). "Hide
by Kenneth Eades Source: Darden School of Business 14 pages. Publication Date: November 16, 1995. Prod. #: UV2377-PDF-ENG
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