By  on October 10, 2017

As of now, activist investor Nelson Peltz isn’t getting a seat on Procter & Gamble’s board.

Preliminary results calculated during the consumer goods group’s shareholder meeting Tuesday showed that shareholders elected the existing 11 members to the board, chief executive officer David Taylor said. Those results showed shareholders did not grant Peltz, who owns $3.5 billion in P&G stock through Trian Fund Management, a board seat.

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