Procter and Gamble Slides After Claiming Victory in Biggest Proxy Fight in History
Procter and Gamble, the maker of household products like Tide and Crest, is sliding after claiming victory in a proxy battle with activist investor Nelson Peltz.
Shares were down as much as 2.66% after the company said investors had rebuffed the activist investor. P&G is trading at $91.10 as of 11 a.m. in New York on Tuesday...
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