Wednesday, September 23, 2020

As activist investor Nelson Peltz takes stake in Comcast, some believe he faces 'long odds' in forcing change

Comcast Corp. shares closed up 3.4% on Tuesday, a day after news broke of a high-profile activist investor amassing a roughly $900 million stake in the Philadelphia company. The reports sparked a wave of reactions about two main aspects of the investment: what is Trian Fund Management head Nelson Peltz’s endgame with the company, and given the Roberts’ family’s tight control over Comcast, will he be able to accomplish it?  Analysts say that even if Peltz wants Comcast to spinout NBCU and Sky…



from https://www.bizjournals.com/baltimore/news/2020/09/23/who-is-comcasts-new-activist-investor-nelson-peltz.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/630055506149588992

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