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As P&G Board Vote Looms, Activist Investor Peltz Gains Endorsements

This article was originally published in The Pink Sheet

Executive Summary

As Procter & Gamble prepares for a shareholder vote that could shake up its board and its strategies, proxy advisor Glass, Lewis & Co. recommends shareholders vote in favor of electing Trian Fund Management CEO Nelson Peltz, who's pressing the firm for dramatic operational changes.

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