Activist Stocks
1
All posts from Activist Stocks
Activist Stocks in Special Situation Investing News,

Nelson Peltz Latest Target

Amidst all the 13F frenzy, Nelson Peltz and Trian Partners slipped in a 13D, going active on Sysco (NYSE: SYY) - the $23 billion market cap food wholesaler. It's failed merger with U.S. Foods put some pressure on the stock, still down 1% YTD even after the Peltz pop.

Peltz owns 7.1% of the company and is looking to start a conversation about the company's operational inefficiencies, management compensation and a new share buyback. Peltz is also looking for board representation.

Until Peltz shows us something, we'll continue to point to his subpar 13D record.

Don't forget - sign up for our free daily newsletter to stay in the activist investing know.