Nelzon Peltz vs. Heinz board updated
(from reuters) The shareholder advisory service ISS endorsed the Trian Group’s plan to install three members chosen by Trian to the Heinz board. Trian is run by Nelson Peltz, who wants Heinz to pay $200,000 to cosponsor Nathan’s famous hot dog eating contest. The Trian Group has put out a press release praising ISS’ endorsement. The Heinz board has set up an anti Trian website. Teresa Heinz Kerry will not have much say in the decision, as her family trust owns only about 4% of Heinz.
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Some of that $$ said
August 7, 2006 @ 10:01 pm
Had better trickle down to us eaters.
Rhonda Evans said
August 8, 2006 @ 1:33 pm
That flow of money will likely be a trickle indeed, what’s left when the eaters see it.
Gentleman Joe said
August 8, 2006 @ 3:32 pm
Trickle… You mean, like.. getting pissed on, right?! If that’s the case, expect a trickle.