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Nelson Peltz’s Pyrrhic Victories
Trian Management just nailed board seats on two big companies, GE and Procter & Gamble. Can Peltz make them profitable?
Nelson Peltz, Trian Fund Management (photo credit: Patrick T. Fallon/Bloomberg)Winning isn’t everything, as Nelson Peltz’s Trian Fund Management is learning. Last month, Trian won an upset in its proxy battle with Procter & Gamble, the largest and most expensive one ever waged, after a close vote. The result followed a Trian victory
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