GM CEO Barra Spends Weekend Convincing Hedgefund Managers To Endorse $5 Billion Share Buyback
DETROIT - General Motors Co. Chief Executive Mary Barra spent last weekend convincing a group of investors that a planned $5 billion share buyback is in the best interests of shareholders. The disclosure of the buyback, on Monday, follows a month of discussions with former hedge-fund manager Harry J. Wilson. Representing a group of hedge