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Benzinga

Business

Robert Kuczmarski

Watch Out! This Activist Investor May Put Pressure On These 3 High-Yielding Stocks

Nelson Peltz Trian Trian Partners NYSE Berkshire Hathaway Ferguson Invesco

Trian Partners was founded in 2005 by activist investor Nelson Peltz, who has a history of buying up shares, securing board seats and orchestrating M&A deals.

With $8.5 billion in assets under management, Trian Partners owns 11% of The Wendy’s Company (NASDAQ:WEN), where Peltz is the non-executive chairman, as well as Sysco (NYSE:SYY) and The Madison Square Garden Entertainment Corp (NYSE:MSGE).

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Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

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