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General Motors Co. said this morning it's increasing the price range for its planned initial public stock sale to $32 to $33 a share and will sell up to $4 billion in preferred stock, an increase from the $3 billion it had set earlier this month.

The amount of common stock shares -- 365 million -- remains unchanged, the company said. GM set the range at $26 to $29 a share for its common stock when it filed paperwork with federal regulators Nov. 3.



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GM Raises Stock Price Before IPO

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