GM investors reject Greenlight share plan, board slate

Jun 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

DETROIT (Reuters) – General Motors Co shareholders on Tuesday elected all of the automaker’s board nominees, overwhelmingly rejecting a slate proposed by hedge fund Greenlight Capital and handing a major defeat to billionaire investor David Einhorn’s bid to split the company’s shares.