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Activist Investor Makes Big Bet on GE.
- Source :
-
Wall Street Journal - Eastern Edition . 10/5/2015, Vol. 266 Issue 81, pA1-A6. 2p. 1 Color Photograph, 1 Graph. - Publication Year :
- 2015
-
Abstract
- The article states that the investment company Trian Fund Management LP, run by activist shareholder Nelson Peltz, purchased $2.5 billion worth of shares in the U.S. conglomerate General Electric Co. (GE) between mid-May 2015 and early October 2015. The article discusses the relationship between Peltz and GE chief executive officer (CEO) Jeffrey Immelt, Trian's planned October 5, 2015, release of a white paper outlining its views on GE's direction, and the stock performance of GE under Immelt's stewardship. The article presents comments from Peltz.
- Subjects :
- *SHAREHOLDER activism
*STOCK prices
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 266
- Issue :
- 81
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 110113370