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DuPont CEO departure buys time to appease Peltz

2015-10-07 03:05:27| Chemicals - Topix.net

The departure of DuPont's chairwoman and chief executive Ellen Kullman has bought the U.S. chemical manufacturer a few months' grace to boost its stock price and appease activist investor Nelson Peltz. Before Kullman's surprise retirement announcement, the billionaire fund manager was considering launching a second attempt to get representation on DuPont's board, people familiar with his thinking said on Tuesday.

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