Activist Investor Nelson Peltz Takes 'Significant Stake' in Rentokil
Activist investor Nelson Peltz's Trian Partners took what it called a "significant stake" in U.K. pest control company Rentokil Initial.
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Activist investor Nelson Peltz's Trian Partners took what it called a "significant stake" in U.K. pest control company Rentokil Initial.
In the end, veteran investor Nelson Peltz came away with a big win in his battle with the Walt Disney Co.
In the end, veteran investor Nelson Peltz came away with a big win in his battle with the Walt Disney Co.
After a proxy battle with Disney, shareholders reelected Disney's slate of board nominees; now, Peltz has apparently sold off his entire stake in the company.
The major averages slid on Wednesday, with the tech-heavy Nasdaq registering its worst session this month.