Send Us Hatemail ! mailbag@conservativecave.com
0 Members and 1 Guest are viewing this topic.
Saudi tycoon Prince Alwaleed bin Talal and his Kingdom Holding Co. invested $500 million in General Motors during the US auto giant's initial public offering last week, the Saudi company said Tuesday.The investment amounts to a one percent stake in GM, Kingdom said in a statement."The decision of Kingdom Holding Company and Prince Alwaleed to invest in GM was based on the global strength of General Motors brand, the relatively attractive offering price, and the company's growth prospects in Brazil and China," Kingdom said in the statement.
I think this guy also owns shares of Fox News