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Trian Partners Reveals Mystery Core Position in Letter

Activist firm says its new target has typical Trian attributes and accounts for 11 percent of net asset value

Trian Partners has established a new large core position that accounts for 11 percent of net asset value. In its first quarter letter dated April 28, the New York-based activist firm founded by Nelson Peltz, Peter May and Edward Garden would not identify the stock just yet. But the letter said that

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