Comment on Newell Brands will let Carl Icahn name four board members

Newell Brands will let Carl Icahn name four board members

Newell Brands has cut a deal with Carl Icahn to ease the pressure on its board. The embattled maker of Rubbermaid storage containers, Elmer’s glue and Sharpie pens said Monday it has agreed to name four directors of Icahn’s choosing — even as Jeffrey Smith’s hedge fund Starboard Value agitates to revamp its board entirely....

 

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