How Ex-GE Jeff Immelt's Courtship of Nelson Peltz Backfired

How Ex-GE Jeff Immelt's Courtship of Nelson Peltz Backfired
AP Photo/Richard Drew

When former General Electric CEO Jeff Immelt wanted to unveil a turnaround of the industrial conglomerate, he recruited activist fund Trian Partners to be a supporter. What was most needed was a skeptic.

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