David Einhorn Ratchets Up His Pressure on GM - News Summed Up

David Einhorn Ratchets Up His Pressure on GM


Investor David Einhorn escalated his pressure on General Motors Co., nominating three candidates Wednesday to the Detroit auto maker’s board of directors. In a public filing, Mr. Einhorn’s hedge fund Greenlight Capital Inc., which is pressing GM to create two classes of common stock that would separate its dividend from its operations, said the nominees are needed “to help re-energize the board and bring additional focus to closing...


Source: Wall Street Journal April 12, 2017 13:07 UTC



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