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Procter & Gamble has named Nelson Peltz to its board, capping a contentious and costly proxy battle in which the billionaire activist investor may have narrowly won a shareholder vote for a seator not.

Peltz, a founding partner of Trian Fund Management, also will be added to P&G's director slate for its annual meeting next year, the consumer-products giant said on Friday. The company also named Novartis CEO Joseph Jimenez to its board starting March 1. The board will increase to 13 from 11 members.

While P&G initially declared victory, Peltz appeared to secure the board seat last month after results showed that he'd won by fewer than 43,000 sharesor a margin of about 0.0016 percentaccording to the independent inspector IVS Associates.

Procter & Gamble has named Nelson Peltz to its board, capping a contentious and costly proxy battle in which the billionaire activist investor may have narrowly won a shareholder vote for a seator not.Peltz, a founding partner of Trian Fund Management, also will be added to P&G's director slate for [...]
Fri, Dec 15, 2017
Source: Adage

Procter & Gamble has named Nelson Peltz to its board, capping a contentious and costly proxy battle in which the billionaire activist investor may have narrowly won a shareholder vote for a seator not.

Peltz, a founding partner of Trian Fund Management, also will be added to P&G's director slate for its annual meeting next year, the consumer-products giant said on Friday. The company also named Novartis CEO Joseph Jimenez to its board starting March 1. The board will increase to 13 from 11 members.

While P&G initially declared victory, Peltz appeared to secure the board seat last month after results showed that he'd won by fewer than 43,000 sharesor a margin of about 0.0016 percentaccording to the independent inspector IVS Associates.

Procter & Gamble has named Nelson Peltz to its board, capping a contentious and costly proxy battle in which the billionaire activist investor may have narrowly won a shareholder vote for a seator not.Peltz, a founding partner of Trian Fund Management, also will be added to P&G's director slate for [...]
Fri, Dec 15, 2017
Source: Adage magazine

Every weekday, we bring you the Ad Age/iSpot Hot Spots, new TV commercials tracked by iSpot.tv, the real-time TV ad measurement company with attention and conversion analytics from more than seven million smart TVs. The ads here ran on national TV for the first time yesterday.

A few highlights: Quicken Loans tells the story of a totally confident lawyer named Megan who's not so confident when it comes to shopping for a mortgage (fortunately Quicken Loans is on hand to help with its Rocket Mortgage service). Kohl's hypes its Super Saturday Sale, during which you can get $10 of Kohl's Cash (good toward future purchases) for every $50 spent on selected merchandise. And Quaker Oats plays up the fact that the fiber in its instant oatmeal is "part of a healthy diet"and the quick prep time means "fast fiber."

Every weekday, we bring you the Ad Age/iSpot Hot Spots, new TV commercials tracked by iSpot.tv, the real-time TV ad measurement company with attention and conversion analytics from more than seven million smart TVs. The ads here ran on national TV for the first time yesterday.A few highlights: Quicken Loans [...]
Fri, Dec 15, 2017
Source: Adage

Every weekday, we bring you the Ad Age/iSpot Hot Spots, new TV commercials tracked by iSpot.tv, the real-time TV ad measurement company with attention and conversion analytics from more than seven million smart TVs. The ads here ran on national TV for the first time yesterday.

A few highlights: Quicken Loans tells the story of a totally confident lawyer named Megan who's not so confident when it comes to shopping for a mortgage (fortunately Quicken Loans is on hand to help with its Rocket Mortgage service). Kohl's hypes its Super Saturday Sale, during which you can get $10 of Kohl's Cash (good toward future purchases) for every $50 spent on selected merchandise. And Quaker Oats plays up the fact that the fiber in its instant oatmeal is "part of a healthy diet"and the quick prep time means "fast fiber."

Every weekday, we bring you the Ad Age/iSpot Hot Spots, new TV commercials tracked by iSpot.tv, the real-time TV ad measurement company with attention and conversion analytics from more than seven million smart TVs. The ads here ran on national TV for the first time yesterday.A few highlights: Quicken Loans [...]
Fri, Dec 15, 2017
Source: Adage magazine

It comes in a golden box, nestled in black velvet (or is it velveteen?). Before you even unpack it, you're excited to see it through a little plastic window. After all, you paid $149 for it.

At least, that was the price when it first went on sale a year ago, before it was cut to $99 and, eventually, to $45.

The rapidly depreciating asset: a "collectible ornament" in the form of a red brass Make America Great Again cap. The item, said to be finished in 24-karat gold, is sold on a website to which the "shop" button on President Donald Trump's site links. The shopping site says it is paid for by the Trump Make America Great Again Committee, "a joint fundraising committee authorized by and composed of Donald J. Trump for President, Inc. and the Republican National Committee." Life-size MAGA caps on the site sell for $25, unless you choose the Official Merry Christmas Hat, at $45. That's the MAGA cap with Christmas lights stitched on.

It comes in a golden box, nestled in black velvet (or is it velveteen?). Before you even unpack it, you're excited to see it through a little plastic window. After all, you paid $149 for it.At least, that was the price when it first went on sale a year ago, [...]
Fri, Dec 15, 2017
Source: Adage

It comes in a golden box, nestled in black velvet (or is it velveteen?). Before you even unpack it, you're excited to see it through a little plastic window. After all, you paid $149 for it.

At least, that was the price when it first went on sale a year ago, before it was cut to $99 and, eventually, to $45.

The rapidly depreciating asset: a "collectible ornament" in the form of a red brass Make America Great Again cap. The item, said to be finished in 24-karat gold, is sold on a website to which the "shop" button on President Donald Trump's site links. The shopping site says it is paid for by the Trump Make America Great Again Committee, "a joint fundraising committee authorized by and composed of Donald J. Trump for President, Inc. and the Republican National Committee." Life-size MAGA caps on the site sell for $25, unless you choose the Official Merry Christmas Hat, at $45. That's the MAGA cap with Christmas lights stitched on.

It comes in a golden box, nestled in black velvet (or is it velveteen?). Before you even unpack it, you're excited to see it through a little plastic window. After all, you paid $149 for it.At least, that was the price when it first went on sale a year ago, [...]
Fri, Dec 15, 2017
Source: Adage magazine

Three months before he struck a deal with Walt Disney Co., Rupert Murdoch got a sobering reminder of how quickly the media world was changing.

The billionaire's 21st Century Fox Inc. was trying to purchase global TV rights for cricket matches in India's top league, one of dozens of bidding processes for sports programming he's participated in over his decades in the business. But this time he was competing against a new rival -- Facebook, which offered $600 million to stream the matches.

Fox eventually agreed in early September to pay $2.55 billion for TV and streaming rights for five years. But Facebook's ambitions weren't lost on Murdoch, 86, who had already begun contemplating the idea of selling major parts of Fox's media empire to a bigger rival to create a stronger competitor in an increasingly costly entertainment industry.

Three months before he struck a deal with Walt Disney Co., Rupert Murdoch got a sobering reminder of how quickly the media world was changing.The billionaire's 21st Century Fox Inc. was trying to purchase global TV rights for cricket matches in India's top league, one of dozens of bidding processes [...]
Fri, Dec 15, 2017
Source: Adage

Three months before he struck a deal with Walt Disney Co., Rupert Murdoch got a sobering reminder of how quickly the media world was changing.

The billionaire's 21st Century Fox Inc. was trying to purchase global TV rights for cricket matches in India's top league, one of dozens of bidding processes for sports programming he's participated in over his decades in the business. But this time he was competing against a new rival -- Facebook, which offered $600 million to stream the matches.

Fox eventually agreed in early September to pay $2.55 billion for TV and streaming rights for five years. But Facebook's ambitions weren't lost on Murdoch, 86, who had already begun contemplating the idea of selling major parts of Fox's media empire to a bigger rival to create a stronger competitor in an increasingly costly entertainment industry.

Three months before he struck a deal with Walt Disney Co., Rupert Murdoch got a sobering reminder of how quickly the media world was changing.The billionaire's 21st Century Fox Inc. was trying to purchase global TV rights for cricket matches in India's top league, one of dozens of bidding processes [...]
Fri, Dec 15, 2017
Source: Adage magazine

If there's any doubt Tesla Inc. isn't just a car company anymore, its brand-new Manhattan showroom should put it to bed. On Friday, Tesla opens a store in New York's Meatpacking District that, for the first time, will sell cars, solar panels and batteries permanently under one roof.

In a sparse, glass-walled space, the Model X sport utility vehicle and Model S sedan are on display alongside solar offerings and Powerwall storage systems. A Model S sits across from a sign that reads: "Produce Your Own Clean Energy." In this store and others that Tesla's enhancing across the U.S. starting Friday, car and energy salesmen will work side-by-side.

Tesla's CEO Elon Musk took a big gamble buying SolarCity Corp. last year. It opened up the billionaire to harsh criticism from some investors who described his takeover of the solar companyled at that time by his cousin, Lyndon Riveas a bailout rife with conflicts of interest. The synergies of solar and electric vehicles weren't immediately clear, and Tesla has been working to integrate the businesses ever since, positioning itself as an energynot strictly a carcompany. This new New York store is the physical manifestation of that.

If there's any doubt Tesla Inc. isn't just a car company anymore, its brand-new Manhattan showroom should put it to bed. On Friday, Tesla opens a store in New York's Meatpacking District that, for the first time, will sell cars, solar panels and batteries permanently under one roof.In a sparse, [...]
Fri, Dec 15, 2017
Source: Adage

If there's any doubt Tesla Inc. isn't just a car company anymore, its brand-new Manhattan showroom should put it to bed. On Friday, Tesla opens a store in New York's Meatpacking District that, for the first time, will sell cars, solar panels and batteries permanently under one roof.

In a sparse, glass-walled space, the Model X sport utility vehicle and Model S sedan are on display alongside solar offerings and Powerwall storage systems. A Model S sits across from a sign that reads: "Produce Your Own Clean Energy." In this store and others that Tesla's enhancing across the U.S. starting Friday, car and energy salesmen will work side-by-side.

Tesla's CEO Elon Musk took a big gamble buying SolarCity Corp. last year. It opened up the billionaire to harsh criticism from some investors who described his takeover of the solar companyled at that time by his cousin, Lyndon Riveas a bailout rife with conflicts of interest. The synergies of solar and electric vehicles weren't immediately clear, and Tesla has been working to integrate the businesses ever since, positioning itself as an energynot strictly a carcompany. This new New York store is the physical manifestation of that.

If there's any doubt Tesla Inc. isn't just a car company anymore, its brand-new Manhattan showroom should put it to bed. On Friday, Tesla opens a store in New York's Meatpacking District that, for the first time, will sell cars, solar panels and batteries permanently under one roof.In a sparse, [...]
Fri, Dec 15, 2017
Source: Adage magazine
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