Nelson Peltz’s Trian Reveals Mystery Stock Is Bank of New York Mellon

The activist firm has taken a $1 billion stake in the financial services giant, making it one of Trian’s largest positions.

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Nelson Peltz, Trian Fund Management (Bloomberg)

Nelson Peltz’s Trian Fund Management appears to have finally revealed its mystery stock — a large position that the firm first disclosed but declined to name in April.

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