What Does Greenlight Capital Hope To Achieve At General Motors?

Here’s the buzz from Tulane:

• Deal-makers are optimistic about M&A, despite the potential for changes to the conditions in China and Europe that have spurred activity in recent years, and the uncertainty surrounding corporate tax reform in the U.S.
• JP Morgan thinks a $100 billion all-cash deal is possible, partly because buyers aren’t really using equity despite rising markets.
• Advisers can’t always control their clients, let alone their opponents. “You don’t know whether you’re going to get the mensch or the schmuck,” Joele Frank says of activists, and often one investor can be both. Steve Wolosky points out that the same is true of management teams.
• Everyone is getting on better and early settlements are being encouraged, so say Joele Frank and...
  

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