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Monday, October 5, 2015

Trian buys $2.5-billion stake in General Electric

... more than 300 aircraft and a team of GE employees. 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.latimes.com/business/la-fi-ge-trian-20151005-story.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fbusiness+%28L.A.+Times+-+Business%29

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