Harry Wilson
Why GM's stock buyback may be very bad news
An editorial in the Harvard Business Review heavily criticizes GM for bowing to a group of activist investors and buying back $8 billion in stock. The piece rails against the idea of these buybacks in general.
GM to buy back $5B in shares, assuaging Harry J. Wilson
General Motors is agreeing to a $5 billion stock buy-back and other provisions in exchange for Harry J. Wilson not running for a seat on its board. The compromise ends an attempt by activist investors to return even more money to shareholders.
GM turns to banks to fend off activist investor
General Motors has retained Goldman Sachs and Morgan Stanley for "advice" on how to respond to activist investor Harry J. Wilson. He leads a group of four investment funds who want GM to spend $8 billion on a share buyback to raise its stock value, and he wants a seat on the board.
GM targeted by activist investors
A former Obama aide, Harry J. Wilson, is leading a group of investment funds urging General Motors to buy back $8 billion worth of its stock, which could raise share prices. Wilson also wants a seat on the GM board.