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Monday, October 5, 2015

Trian becomes one of top GE investors, buying $2.5B stake

... exiting a banking sector with stricter oversight. Trian acquired 98.5 million shares, or about 1 percent of the Fairfield, Connecticut, company. The fund's executives, Peltz and Ed Garden, have a longstanding relationship with GE CEO Jeff Immelt. ...

via http://www.dailyherald.com/article/20151005/business/310059911/

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