Activist Investor Trian Trims P&G, Mondelez Stakes
NEW YORK (Reuters) - Activist investment firm Trian Fund Management LP has trimmed its stake in two consumer staples companies, Procter & Gamble Co and snack foods company Mondelez International Inc, according to regulatory filings. Trian, founded by Nelson Peltz, Ed Garden and Peter May, held 8.9 million shares in P&G at the end of the first quarter, down 9.6% from the 9.8 million shares it owned at the end of the fourth quarter, according to a regulatory filing...
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