Investor David Einhorn is pressing General Motors Co. to take the novel step of creating two classes of common stock that would separate its dividend from its operations, a proposal he says would boost the auto maker’s languishing stock. Mr. Einhorn’s Greenlight Capital Inc. wants the auto maker to split its common stock into two classes: one that pays dividends and a second that would entitle its holders to all earnings after the...

Source: Wall Street Journal March 28, 2017 14:34 UTC