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P&G's Bruising Battle With This Activist Investor Will Be Incredibly Costly

Stock Market Today

Procter & Gamble's ( PG ) estimates that it will spend about $35 million on its boardroom battle with activist investor Nelson Peltz, making the fight the most expensive of the year and one of the most costly director fights in decades. "This is clearly the most expensive director battle of the year and the most expensive in recent years," said Thomas Ball, managing director at proxy solicitor Morrow Sodali...

Mentions: Management Arconic Jim Cramer