1. Peltz and P&G Expect to Spend $60 Million on Record Proxy Fight

    Peltz and P&G Expect to Spend $60 Million on Record Proxy Fight

    The biggest proxy fight in history, pitting activist investor Nelson Peltz against Procter & Gamble Co. , will also be one of the most expensive...

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    1. The difference in that fight was the positive response by the individual retail holders
    2. We have a very large and a very broad shareholder base.
    3. Mr. Taylor stated that the company continued to believe that Trian representation on the board was unnecessary.
    4. On balance, retail shareholders tend to support management more than dissidents.
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