Activists, the last defenders of the retail shareholder – Pledge Times
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Activists, the last defenders of the retail shareholder – Pledge Times
In October 2017, Procter & Gamble (P&G), one of the largest companies in the United States, announced that its general shareholders meeting had rejected the proposal of the proposal of the Trian Partners Activist Fund of being part of your Board of Directors. The difference in votes for or against this request, was so small, a little 0.2% on more than 2,000 million shares, that Trian Partners requested a count. In December of that year, the comp…
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