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Trian Loses Proxy Battle with DuPont
Nelson Peltz’s activist firm fails to elect four board nominees, which isn’t as unusual as it may seem.
DuPont CEO Ellen Kullman (Bloomberg) Wow! So Trian Fund Management lost its proxy fight with DuPont. Don’t act so surprised, it happens more frequently that most people realize. As DuPont CEO Ellen Kullman dug in and determined to defend her company against the New York activist hedge fund Trian Fund Management, no
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