P&G, Peltz Vie for Small Investor Votes in Biggest-Ever Proxy Fight

(Reuters) The largest corporate proxy fight in history, between Procter & Gamble Co (PG.N) and activist investor Nelson Peltz, may ultimately be decided by small shareholders like Tom Neubecker. The Cincinnati retiree is among the company’s vast army of individual stock owners that collectively hold about 40 percent of the consumer goods giant, a much higher proportion than at most big companies.

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