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David Einhorn Calls for General Motors Company (GM) Stock Split

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

General Motors Company (NYSE: GM ) will soon be split into two publicly traded stocks, if David Einhorn has his way.

Source: General Motors

The hedge fund billionaire believes that taking GM and spinning it off into two stocks will benefit the company greatly in the long run. The move is part of a larger capital allocation plan that would see one stock focus more on dividends, while the other would...