DETROIT, Michigan – General Motors’ shareholders rejected Greenlight Capital’s proposal to split the company’s stock into two classes, with 91 percent rejecting maverick hedge fund investor David Einhorn’s attempt to separate automotive operations and its future mobility technologies. If Greenlight’s 52 million voting shares (about 3.6 percent of common stock) are not counted, the opposition...
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GM Shareholders Reject Greenlight Capital’s Dual-Class Stock Proposal appeared first on
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GM Shareholders Reject Greenlight Capital’s Dual-Class Stock Proposal
