Similar Stories to What Procter & Gamble Should Take Away From Its Brawl With Nelson Peltz on Bing News

newsfeedback@fool.com (Asit Sharma), The Motley Fool
Thu, 10/19/2017 - 9:15am

One of the costliest proxy battles ever, between activist investor Nelson Peltz and Procter & Gamble Co. (NYSE: PG), ended with Peltz losing the right to a board seat by roughly one-third of one percent, at least according to preliminary tallies released this week by Procter & Gamble.Since neither side can claim a decisive victory, the onus is now on P&G's board to prove that the company will indeed thrive without implementing Peltz's suggestions, which included a reorganization of the company into three global business units, a sharper focus on small and midsize brands, and a more substantive digital advertising approach.Through Peltz's TV interviews, and his firm Trian Partners' lengthy white paper outlining the case against P&G, one theme appeared to rise to the surface during the lead-up to the proxy vote.

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Topics:  nelson peltz   co nyse pg    peltz's tv   trian partners   peltz   procter   gamble   p&g   company   board   proxy   
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