Comment on Nelson Peltz gets ally to back him in bid for P&G board seat

Nelson Peltz gets ally to back him in bid for P&G board seat

Procter & Gamble is “disappointed” that Nelson Peltz has a new ally in his bid to force his way onto the board of the consumer products giant. P&G said proxy-advisory firm Glass Lewis, in backing the efforts of the activist investor, misunderstood how much progress it has been making. “We are disappointed that Glass Lewis...

 

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