General Motors' (GM) IPO: Is Magna targeting a big stake in the new GM?

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Corporate developments

How Frank Stronach's reduced role will affect the supplier's ambition to become a carmaker

On the eve of General Motors' long awaited initial public offering rumors are circulating about the prospect of major suppliers taking important, influence-wielding stakes in the U.S. automaker. Most of the speculation surrounds North America's largest supplier, Magna International.

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