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Trian - A Major Wendy's Stakeholder - Now Eyes Papa John's
Tuesday, October 9, 2018 - 8:59am | 404An activist hedge fund may soon place the largest order in Papa John’s Int’l, Inc. (NASDAQ: PZZA) history. What Happened Trian Fund Management LP is exploring a buyout bid for the world’s third-largest pizza chain, according to The Wall Street Journal. The prospective buyer is...
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Report: Ousted Papa John's CEO Wanted To Merge With Wendy's
Thursday, July 19, 2018 - 9:31am | 392Recently ousted Papa John's Int'l, Inc. (NASDAQ: PZZA) CEO John Schnatter reportedly held merger talks with burger fast food chain Wendys Co (NASDAQ: WEN), The Wall Street Journal reported Wednesday. What Happened Talks between the company Schnatter founded and Wendy's were in...
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Nelson Peltz Loses Prelim Procter & Gamble Board Vote
Tuesday, October 10, 2017 - 11:24am | 450Shares of Procter & Gamble Co (NYSE: PG) moved lower by more than 1 percent on heavy volume late Tuesday morning after preliminary results from a board election were released. Investors decided Tuesday not to appoint activist investor Nelson Peltz, whose fund owns a $3.5 billion stake to the...
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OK, DowDuPont, So What's The Game Plan?
Tuesday, September 12, 2017 - 11:37am | 463After a five-month review, DowDuPont Inc (NYSE: DWDP) came back from the drawing board Tuesday with new restructuring plans. The two-week-old firm, born of a $60 billion merger between Dow Chemical Co. and DuPont Co., had intended to fragment into three companies servicing distinct consumer...
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Peltz Says Procter & Gamble Suffers From A 'Suffocating Bureaucracy'
Monday, July 17, 2017 - 1:01pm | 354Activist investor Nelson Peltz has officially launched a proxy battle against Procter & Gamble Co (NYSE: PG) and his comments on Monday may lead some to conclude it won't be as hostile compared to other campaigns. For instance, Peltz acknowledged during a CNBC interview that P&G is a...
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Nelson Peltz And Procter & Gamble: The Biggest Proxy Battle Ever
Monday, July 17, 2017 - 8:23am | 392Nelson Peltz's Trian Fund Management has declared a proxy war against Procter & Gamble Co (NYSE: PG), according to a report from The Wall Street Journal. Peltz, an activist investor and co-founder of Trian, also owns $3.3 billion worth of P&G stock and is looking to gain representation...
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Cramer's Quick Thoughts On Under Armour, Procter & Gamble
Tuesday, June 13, 2017 - 2:20pm | 422CNBC's Jim Cramer is keeping a very close eye on Procter & Gamble Co (NYSE: PG) in anticipation of "fireworks" in the stock. Nelson Peltz's Trian Fund Management is likely "very happy" with the recent CEO changes at one of its core holdings, General Electric Company...
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Could An Ouster Of Mondelez's Irene Rosenfeld Mean A Deal For Buffett's Berkshire?
Saturday, April 22, 2017 - 11:39am | 914On April 9, the Wall Street Journal reported, quoting sources, Mondelez International Inc (NASDAQ: MDLZ) is seeking to replace its CEO Irene Rosenfeld. Does a potential exit by Rosenfeld mean more power for billionaire investor Warren Buffett, with whom Rosenfeld had run-ins in the past? Update...
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General Electric Confirms Company Just Wants To Partner With Baker Hughes
Friday, October 28, 2016 - 10:27am | 348Shares of Baker Hughes Incorporated (NYSE: BHI) spiked higher by more than 8 percent early Friday after the Wall Street Journal reported that the company is either targeted for an acquisition or primed to secure a notable partnership. Acquisition Talks The Wall Street Journal, citing "people...
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Nelson Peltz And GE's Investors Are Still Waiting For A Big Payoff
Wednesday, October 19, 2016 - 11:57am | 375General Electric Company (NYSE: GE)'s stock is trading a mere 0.31 percent higher Wednesday than it was a year ago, and investors are wondering when, if ever, there will be a big payoff. As noted by Bloomberg, activist investors Nelson Peltz praised GE back in October of last year when his...
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PepsiCo Tumbles On Peltz's Departure
Friday, May 13, 2016 - 4:06pm | 273Shares of PepsiCo, Inc. (NYSE: PEP) were trading down more than 1.8 percent on Friday afternoon, after Nelson Peltz’s Trian Fund Management filed its latest 13F, which didn't include the stock. As of the end of the previous quarter , the firm held 18,316,211 shares of the company....
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Activists Getting More Active: 13D Filings Volume Doubled Since 2012
Thursday, April 14, 2016 - 8:35am | 359Activists are getting increasingly activist, according to an Activistmonitor report. Data compiled by this platform, which comprises “predictive intelligence and behavioral data on shareholder activism,” showed that the top 20 shareholder activists* in North America have been increasing...
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Report: Nelson Peltz Said To Be Eyeing Stake In Time Warner
Monday, February 1, 2016 - 10:20am | 207Nelson Peltz's name has been added to a long list of rumored investors who are eyeing a large stake of Time Warner Inc (NYSE: TWX). According to a report by the New York Post, Nelson Peltz's Trian Fund Management could "soon be a more vocal player" in Time Warner's...
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Has Delivering Alpha Delivered So Far?
Wednesday, July 15, 2015 - 3:17pm | 583The fifth annual Delivering Alpha conference kicked off this morning in New York, and today’s conference lineup includes Pershing Square Capital Management’s Bill Ackman, Elliott Management’s Paul Singer, Trian Fund Management's Nelson Peltz and Icahn Enterprises LP (NASDAQ: IEP...
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Dupont Desires Continued Trian Relationship, Despite Rejecting Seats On The Board
Tuesday, June 30, 2015 - 1:10pm | 373Billionaire Nelson Peltz's Trian Fund Management, L.P. (Trian Partners) lost its long-standing fight to join E I Du Pont De Nemours And Co (NYSE: DD)'s board earlier this year when shareholders voted against it. Ellen Kullman, Dupont CEO, was on CNBC recently to discuss the company's...