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Nelson Peltz Loses Bid For P&G Board Seat

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

 

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

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

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