P&G says hedge fund looking to break up CPG giant

September 8, 2017

Procter & Gamble’s battle with Nelson Peltz’s Trian Fund Management over the future of the company is ongoing. Management of the consumer products giant alleges that the ultimate goal of the activist investor is the breakup of the company. It describes Mr. Peltz’s suggestions as “cookie cutter” approaches that lack important details and would ultimately reduce the value of the company.

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