Saturday, August 13, 2022
HomenetnetActivist Peltz says when a company puts up a big fight, it...

Activist Peltz says when a company puts up a big fight, it is likely hiding poor performance

  • Trian Partners' Nelson Peltz says the fight Procter & Gamble is putting up to keep him off its board likely indicates how poorly the business is doing.
  • Peltz, speaking at CNBC's Net/Net Summit Wednesday, also says the company "didn't want me in the inner sanctum. They didn't want me to have the real numbers."
  • The activist also commented on President Trump: "Why don't we get behind this pilot and support him…?"

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