http://dealbook.blogs.nytimes.com/2010/11/03/g-m-confirms-details-of-forthcoming-i-p-o/

By Michael J. de la Merced; The New York Times ~ Nov 03, 2010

General Motors confirmed on Wednesday that the government would sell enough shares in the automaker’s initial public offering to become a minority investor, a crucial step toward refashioning itself as a smaller, more profitable company.