Nelson Peltz's Trian takes $2.5 billion stake in General Electric
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rebounds, but yield surge sets stage for weekly losses
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
General Electric (GE) Issues Commentary on Trian Investment; Maintains Open Dialogue with All Shareholders
October 5, 2015 6:14 AM EDTGeneral Electric (NYSE: GE) issued the following statement from GE Chairman and CEO Jeff Immelt regarding Trian Fund Management L.P.s $2.5 billion investment in GE stock, which makes Trian one of GEs largest shareholders:
We welcome Trians significant investment in the Company. GE maintains an open dialogue with our shareholders and enjoys productive, collaborative... More
Nelson Peltz's Trian Builds $2.5B Stake in General Electric (GE)
October 5, 2015 6:11 AM EDTTrian Fund Management, L.P. today disclosed that it has become a top ten shareholder of GE (NYSE: GE) with a beneficial ownership of 98.5 million GE shares currently valued at approximately $2.5 billion. GE is now Trians largest investment.
Trian Principals Nelson Peltz and Ed Garden have a longstanding relationship with GEs CEO Jeff Immelt. Since 2013, Trian has periodically engaged in informal dialogue with GEs management team. Over the past several months, Trian has conducted investment... More
