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"Peltz's historical focus on profitability and efficient asset allocation" will support Aurora for the next stage of its growth, Jefferies says.
The billionaire Nelson Peltz is joining Aurora Cannabis as a strategic adviser, sending shares up 8.5% early Wednesday.
Nelson Peltz wants to shift, but not radically change, P&G's strategy. Whether he comes out with a board seat or not, the company is set to be on a path higher.
It looks like billionaire investor Nelson Peltz might have won the biggest proxy battle in history after a recount
Nelson Peltz won the recount to join the P&G board by a slim 43,000 votes — a 0.002% margin.
The battle may not be over, Peltz immediately asked for a recount of the votes after the announcement and said he should still get a seat on the board.
Initial results show Nelson Peltz has been thwarted by the $236 billion maker of Tide and Crest in the largest proxy battle in history
Nelson Peltz has been thwarted in the largest proxy battle in history, failing to claim a seat on the board of the $236 billion giant Procter & Gamble.
‘We need a game-changing attitude’: Activist investors are demanding a seat on the board of consumer goods giant P&G
The company could be facing a challenge from investor Nelson Peltz, after years of uncertainty and sluggish growth.
Billionaire investor Nelson Peltz took a huge stake in Procter & Gamble — and P&G’s stock is soaring
P&G is the maker of everything from Gillette to Crest to Pantene to Tampax.
A billionaire activist investor who pushes for job cuts says Donald Trump will bring jobs back to the US
Trian's Nelson Peltz, a billionaire activist investor, spoke about the Donald Trump stock rally, Mondelez and bringing companies back to the US.
"We like having smart investors in the stock, even when they have a point of view," Immelt wrote.