ISS backs Nelson Peltz' demand for DuPont board seat-WSJ

April 27, 2015 2:51 PM

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April 27 (Reuters) - U.S. proxy advisory firm ISS has recommended DuPont shareholders vote in favor of activist investor Nelson Peltz and another nominee joining the chemical conglomerate's board, the Wall Street Journal reported.

Peltz's hedge fund Trian Fund Management, DuPont's fifth-largest shareholder with a 2.7 percent stake, has for months criticized DuPont's underperformance.

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