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Trian Dumped GE Stock, but Druckenmiller Stood Pat in Q3 as SEC Probe Heated Up

The troubled industrial giant received a Wells Notice at quarter’s end.

Nelson Peltz’s Trian Management sold almost half of its stake in General Electric during the third quarter — just before the Securities and Exchange Commission’s investigation of the company heated up.On September 30, the SEC staff issued a Wells notice to GE, letting the company know it was “considering recommending

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