By  on September 25, 2017
Procter & Gamble; Procter and Gamble Signage outside Procter & Gamble corporate headquarters in downtown Cincinnati. Procter & Gamble reports financial resultsEarns Procter Gamble, Cincinnati, USA

Nelson Peltz is drumming up support in his quest for a Procter & Gamble board seat.

Peltz, who has a $3.5 billion stake in P&G, issued a letter to shareholders that announced that proxy advisory firm Glass Lewis and fellow shareholder Yacktman Asset Management support him. The issue will be decided at the P&G Shareholders Meeting on Oct. 10.

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