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The biggest proxy fight in history, pitting activist investor Nelson Peltz against Procter & Gamble Co. , will also be one of the most expensive...
The difference in that fight was the positive response by the individual retail holders
We have a very large and a very broad shareholder base.
Mr. Taylor stated that the company continued to believe that Trian representation on the board was unnecessary.
On balance, retail shareholders tend to support management more than dissidents.