06.05.2015 15:33:41
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Trian Urges DuPont Stockholders To Vote For Its Four Nominees To DuPont Board
(RTTNews) - Trian Fund Management, L.P., one of the largest stockholders of E. I. du Pont de Nemours and Company (DD), which currently beneficially owns approximately 24.6 million DuPont shares valued at approximately $1.8 billion, released an open letter to DuPont stockholders. Trian urges stockholders to vote the GOLDproxy card FOR Nelson Peltz, John Myers, Arthur Winkleblack and Robert Zatta at DuPont's May 13th Annual Meeting of Stockholders.
Trian said that All three leading proxy advisory firms, ISS, Glass Lewis, and Egan-Jones, agree with it that change is needed at DuPont and that Trian brings the ownership mentality necessary to drive meaningful change and long-term value creation.
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