GM says ISS advises against Greenlight share plan, board nominees
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ISS & Glass Lewis Recommend General Motors (GM) Shareholders Vote for GM Board Nominees Plus Vote Against Greenlight Capital Proposals
May 30, 2017 4:40 PM EDTGM (NYSE: GM) today reminded shareholders that both ISS and Glass Lewis have recommended conclusively that GM shareholders vote the WHITE proxy card FOR ALL of the GM Board's director nominees and AGAINST the Greenlight proposal for three key reasons:
GM's Board and management are already driving transformational change and creating value for shareholdersThe advisory services disagree with key Greenlight assumptions regarding the value creation potential of its proposalEach advises that the Greenlight nominees are definitively linked to Greenlight's high-risk proposalIn its latest... More
