Tuesday, March 31, 2015

Things getting hot for DuPont shareholders

DuPont shareholders have been getting mailings in the last week.

As pointed out in the New York Times in Jan. 2015:

DuPont is about to face one of the biggest challenges in its two centuries as an industrial powerhouse: a fight with one of Wall Street's most prominent activist investors over its board.

The investment firm run by the billionaire Nelson Peltz announced on Thursday that it planned to nominate four director candidates, escalating its campaign to break up the $67.5 billion chemical maker.

A proxy fight by Mr. Peltz's firm, Trian Fund Management, would be the first major challenge by an activist investor in 2015, at a time when corporate America has been under increasing pressure from hedge fund managers and others seeking to shake up companies.


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