Peltz gets a boost from Cadbury investors

12/23/2007 | Financial Times (free content)

Several Cadbury Schweppes investors have expressed support for Nelson Peltz, who earlier demanded more changes at the confectionery company to improve its financial performance in 2008. Peltz, who heads the hedge fund Trian Fund Management and owns a 4.5% stake in Cadbury, received backing from several leading investors, including David Herro, chief international investment officer for the U.S.'s Harris Associates, and Peter Langerman, chief executive of Franklin Mutual Advisers.

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