Ingersoll Rand ( IR -0.3% ) CEO Mike Lamach says that he held a "constructive" meeting with Nelson Peltz 's Trian Fund, which this month disclosed a 7% stake and said it would push for changes at Ingersoll. Lamach also says that …
NEW YORK, May 23 (Reuters) - Ingersoll Rand Plc's CEO said he met with executives of Nelson Peltz 's Trian Fund, which this month revealed it had taken a 7 percent stake in the air conditioning and security systems maker.
… management to do more to enhance shareholder value. With its standstill provision in place with activist-investor Nelson Peltz , who owns around 10% of Legg Mason's common stock, set to expire in 2012, the firm could be embroiled in a proxy …
(Reuters) - Activist investor Nelson Peltz said his Trian Fund Management has picked up a stake of more than 7 percent in Ingersoll Rand Plc to push changes at the manufacturer of air conditioners...
May 9 (Reuters) - Activist investor Nelson Peltz said his Trian Fund Management has picked up a stake of more than 7 percent in Ingersoll Rand Plc to push changes at the manufacturer of air...
Nelson Peltz 's Trian Fund Management is expected to report it took more than a 7% stake in Ingersoll-Rand ( IR ), sources say. The ~$900M position is Trian's largest in a single company, and makes Trian one of Ingersoll-Rand's largest shareholders. Post your comment!
May 9 (Reuters) - Trian Fund Management, owned by activist investor Nelson Peltz , is set to unveil it has a more than 7 percent stake in industrial conglomerate Ingersoll Rand Plc , the Wall Street Journal said, citing people familiar with the matter.
… Royce Funds , dividend and income oriented ClearBridge Advisors , and fund of hedge funds manager Permal . Activist Nelson Peltz with 10.5% stake and a seat on the Board is driving some changes; KKR owns a lot of convertibles and also has a …
(Reuters) - State Street Corp's asset management unit, which activist investor Nelson Peltz says should be spun off, is worth up to $3.8 billion, Bernstein Research analysts said on Friday.
* Nelson Peltz 's Trian Partners has been pushing for spinoff