1. Trian Fund

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    15. Nelson Peltz Explains Trian's 'big mistake' on GE and Why He's Sticking by the Stock: 'Larry Culp is a star'

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      Nelson Peltz Explains Trian's 'big mistake' on GE and Why He's Sticking by the Stock: 'Larry Culp is a star'
      GE's stock has dropped more than 70% since Trian Partners took a position in the struggling company. That was our big mistake; we should have sold three thirds of our position, Trian Partners CEO Nelson Peltz said. Peltz is optimistic that GE is turning things around under new management, however. I think Larry Culp is a star. I think he knows how to run a business. I think he ...
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      Mentions: Management Trian Fund David Taylor
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