Eighteen months after officially burying the hatchet in one of America’s most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working collaboratively. Sitting next to each other on a hotel stage in New York at the CNBC Institutional Investor Delivering Alpha Conference, the men brushed away the acrimony of two years ago when Peltz’ Trian Partners was battling P&G over its strategy and asking for a board seat. “That was the fog of war,” Peltz said, dismissing the rough comments P&G had made about the veteran activist who works to present himself as a partner who can offer constructive advice rather than a corporate raider intent on breaking up companies.

source https://finance.yahoo.com/news/trian-p-g-highlight-activist-202836423.html?.tsrc=rss