Nelson Peltz's activist investment firm Trian Fund Management has filed an amended 13D with the SEC regarding their position in Family Dollar (FDO). Per the filing, Trian now owns 2.07% of the company with over 2.36 million shares.
This means they've reduced their position size by over 6 million shares since the end of the third quarter. The filing was made due to activity on January 26th.
FDO recently agreed to a deal with Dollar Tree (DLTR) and Trian has already reduced its investment.
Tuesday, January 27, 2015
Peltz's Trian Fund Trims Family Dollar Stake
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