Nelson Peltz Loses Bid For P&G Board Seat

Oct 10, 2017

 

Preliminary reports show Procter & Gamble shareholders rejected the bid by activist investor Nelson Peltz for a seat on the company's board this morning during P&G's annual meeting.

Investor Nelson Peltz loses his bid for a seat on the board of Procter & Gamble.
Credit Provided/Procter & Gamble

We talk with WCPO Business reporter Dan Monk about the vote outcome and what it will mean to P&G's future operations.