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  "documentTitle": "General Electric (GE)",
  "authorId": "06_Trian_Partners",
  "authorName": "Trian Partners",
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      "text": "Trian believes GE could be worth approximately $40 to $45 of implied value per share by the end of 2017 and will seek to work collaboratively with GE’s management to help positively influence corporate events",
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      "text": "Trian beneficially owns approximately $2.5bn of GE stock, which makes Trian one of GE’s top 10 shareholders\nLeading infrastructure and technology company addressing society’s most critical needs\nHighly attractive “defensive growth” profile\nCompelling valuation at <14x 2015 pro forma earnings(2)\nManagement has taken bold steps to reshape the company\nTrian has had a constructive dialogue with management\nTrian believes management is motivated and aligned with Trian to enhance shareholder value\nTrian believes GE could be worth approximately $40 to $45 of implied value per share by the end of 2017 and will seek to work collaboratively with GE’s management to help positively influence corporate events(3)",
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      "text": "share price: $25.47",
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      "text": "(1) Represents GE’s share price as of October 2, 2015. (2) Pro forma for Alstom acquisition, announced GECC capital returns and Synchrony split-off. (3) Please see pages 68-75 of this presentation for a summary of the estimates.",
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