P&G shareholders should vote Peltz to board, Glass Lewis says
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Procter & Gamble (PG) Subsidiary Gillette Co. Files Patent Infringement Lawsuit Against Edgewell Personal Care
September 25, 2017 3:49 PM EDTThe Procter & Gamble Company (NYSE: PG), through its wholly owned subsidiary The Gillette Company, LLC, filed a patent infringement lawsuit today in the U.S. District Court of Connecticut against Edgewell Personal Care Company and several subsidiaries. The lawsuit challenges Edgewells Hydro Connect 5 razor cartridges, which are sold online and positioned as compatible with Gillette Fusion handles. The lawsuit alleges patent infringement and seeks damages from these infringements. P&G also filed a complaint with the U.S. International Trade Commission (ITC) seeking an exclusion order to prohibit Edgewell from importing the... More
Trian Fund Management LP Publishes Letter to Procter & Gamble (PG) Shareholders
September 25, 2017 6:05 AM EDTTrian Fund Management, L.P. (Trian), whose investment funds beneficially own approximately $3.5 billion of shares of The Procter & Gamble Company (NYSE: PG), today mailed a letter to its fellow shareholders encouraging them to cut through the noise generated by P&Gs efforts to distract from its decade-long history of underperformance. Trian urges fellow P&G shareholders to help put an end to this underperformance and add a highly qualified shareholder to the Board by voting FOR Nelson Peltz at the Companys Annual Meeting of Shareholders on October 10, 2017.
Over the years, Trian has observed a correlation... More
