1. GE Activist Investor Sells Some Stock

    GE Activist Investor Sells Some Stock

    General Electric ( GE ) shareholder Trian Fund Management sold a portion of its stake in the restructuring industrial giant, which continues to look for a turnaround. GE stock rose. Nelson Peltz's Trian Fund sold roughly 15.6 million shares July 31-Aug. 4 at an average price of a little more than $6, according to an SEC filing. That left the activist investor with roughly 43.7 million shares of General Electric, or about half its original stake...

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    1. Trian is highly supportive of GE CEO Larry Culp and his team's restructuring efforts and focus on creating long term value.
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