The Morning Brief: Greenlight’s Einhorn Proposes Radical Plan for GM

March 29, 2017   Stephen Taub

The hedge fund manager’s proposal for the company to create two share classes was met with skepticism by a ratings agency.

Frustrated with the lackluster performance of one of its largest holdings, Greenlight Capital’s David Einhorn proposed a radical plan to steer General Motors’ stock back into the fast lane. The activist investor posted on his hedge fund firm’s website a …

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