Deals Rumor Mill: Ally, Channel 5, New York Times

Law360, New York (January 2, 2014, 4:16 PM EST) -- The market is so enthusiastic about shares in Ally Financial Inc. that the U.S. government could wind down its stake in the auto lender within the year, sources told Reuters on Thursday. Recent private transactions have shown heightened investor interest in Ally, which has been eyeing a public listing for years. But despite its hopes to hit the public markets, the lender has battled against a scarred reputation since it took on a $17 billion rescue line from the government, saving it from the brink of...
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