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Greenlight Pushes General Motors into Small-Cap Realm of Legal Issues with Proposal to Split GM’s Common Stock into Two Separate Classes

Greenlight’s proposal - rejected by GM – argues for a dual-class common stock structure at GM consisting of dividend shares and capital appreciation shares to appeal to different investors in order to invigorate demand for the company’s shares.

Tags: Corporate Governance   Dual-Class Common Stock   General Motors Co.   Greenlight Capital, Inc.
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