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 9/10 Excellent --- rss.cnn.com http://rss.cnn.com/rss/magazines_fortune.rss
| From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions. ... |
Wednesday, July 09, 2008 --- 43 days ago http://money.cnn.com/rssclick/2008/07/08/news/newsmakers/kapner_peltz.fortune/in
| The job description for a corporate raider is simple: Buy stock in mismanaged companies, and then growl at them until management pays you a lot of money to go away - or you make management go away. Brand reinvention is usually not part of a raider's attack plan, unless you're Nelson Peltz. Peltz, 66, spends hours wandering supermarkets, malls, and fast-food restaurants with his ten children (ages 5 to 45) to get investing ideas, which he later chews over with partners Peter May and son-in-law Ed Garden, who together run Trian, a hedge fund founded in 2005. According to people familiar with the fund, Trian now has more than $5 billion under management, including investments in companies such as Heinz, Wendy's, and Tiffany. ... |
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