By  on November 22, 2017

Procter & Gamble Co. doesn’t see its review of a recent investor vote allowing activist investor Nelson Peltz onto its board by a fraction of a percent being as a formal “challenge.”

The beauty and personal-care company said it simply “has not launched a challenge” to preliminary proxy vote results counted by IVS Associates Inc. showing Peltz of hedge fund Trian Capital Management won by 0.0016 percent margin a board seat held by Ernesto Zedillo.

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