Showdown in battle for Heinz

By David Robertson | 17 August 2006

The long-running battle at Heinz, which reached its climax at yesterday's AGM, has been acrimonious and disruptive but, writes David Robertson, Nelson Peltz's attempt to place himself and nominees on the Heinz board has been a catalyst for change, leading to a recovery in the company's share price.

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The long-running battle at Heinz, which reached its climax at yesterday's AGM, has been acrimonious and disruptive but, writes David Robertson, Nelson Peltz's attempt to place himself and nominees on the Heinz board has been a catalyst for change, leading to a recovery in the company's share price.

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