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Peltz Dusts off Familiar Playbook in Invesco Board Advance

BNN Bloomberg

Nelson Peltz wasted little time in choosing his next target in the asset-management industry, grabbing board seats at Invesco Ltd. Just months after Franklin Resources Inc.’s takeover of Legg Mason, a deal he helped engineer, the billionaire activist investor joined Invesco’s board alongside fellow Trian Fund Management co-founder Ed Garden. That’s a typical next step in Peltz’s playbook...

Mentions: Management Takeover acquisition