In this post, Maryann Keller, principal of MK&A, explains why a plan to split GM’s stock into two distinct classes doesn’t make sense. Maryann explains: “Splitting the stock into two components as described by Greenlight does not in any way change the underlying nature of GM’s business. All of the risks are still present – and the future growth is somewhat restricted by the very nature of this industry.”
You can view Maryann’s post by clicking the link below:
Photo Credit: Bloomberg.