- DuPont (DD -0.3%) says proposals from Trian Fund to break up the company and add more debt are not in the best interest of shareholders, and that Trian has launched a proxy fight which is based on "inaccurate data and flawed analyses to distract from DuPont's track record of strong performance."
- DuPont says its management team remains focused on a restructuring plan launched in 2009 it believes is laying the foundation for future success, and notes that returns during one-, three- and five-year periods outperformed its peers and the S&P 500.
- Trian, run by Nelson Peltz, has been pushing to gain four seats on the DuPont board.