Peltz's history counted for little, and big investors were generally happy with DuPont CEO Ellen Kullman. Trian's small stake didn't help, nor did Peltz's lack of experience in proxy fights.
DuPont (DD) won its proxy fight against activist investor Nelson Peltz, whose nominees will not be elected to the company's board of directors.
Starboard Value reported owning an 8.2% stake in Brink's (BCO) last week. The Deal senior editor details why a proxy fight with the company could be on the horizon.
Combined, Starboard Value's Jeff Smith and Mario Gabelli's Gamco fund own a 16% stake.
Activist investor Russell Glass wants 'monetization' of TravelCenters' real estate.
The restaurant chain's compensation package elicited the most opposition in the industry last year, but activists are unwilling to challenge the strong-performing company.
Institutional Shareholder Services endorses two of four nominees for the chemical giant's board.
BlackRock (BLK) CEO Lawrence Fink recently fired off another one of his annual letters to top CEOs of publicly-traded companies -- this time, targeting activists.
Has the once passive investor become an activist itself?
The industrial conglomerate no longer poses a threat to the global economy. But the buyers of its assets, Wells Fargo and Blackstone, are getting even bigger.