Einhorn’s Greenlight Capital Cuts GM Stake, Exits Time Warner - News Summed Up

Einhorn’s Greenlight Capital Cuts GM Stake, Exits Time Warner


David Einhorn’s Greenlight Capital Inc. sharply pared down its holdings of General Motors Co. and regional pharmacy-chain Fred’s Inc. in the second quarter, while acquiring more shares of department store Dillard’s Inc. and selling off its position in Time Warner Inc.GM remained among the firm’s largest positions in the April through June period, but Mr. Einhorn trimmed the stake by 25% to 54.76 million shares. GM resisted...


Source: Wall Street Journal August 14, 2017 21:45 UTC



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