RBC: There's a simple reason why David Einhorn's GM proposal is a 'non-starter' (GM)

General Motors stock price has given back most of its gains since the start of 2017. After what looked like a breakout, GM remains stuck in the range between $28 and $40 that has been in place since 2013.
On March 28, activist investor David Einhorn, president of Greenlight Capital, proposed splitting GM stock into two classes in an effort to spur investor interest. 
The proposal would split GM stock into a dividend income class for investors looking for a stea