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Did Hedge Funds Hurt GM?
Demands for billions in buybacks have forced tough decisions on the automaker, a new report argues.
The recent political furor over General Motors’ plant closure in Lordstown, Ohio, has raised a question over the wisdom of the company’s billions in share buybacks and dividends in recent years — done to appease investors, including hedge fund managers David Einhorn, David Tepper, Frank Brosens, and Kyle Bass, an
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