Nelson Peltz Is Giving Hedge Funds a Little Sweetener

Nelson Peltz has blinked, sweetening his bid for Janus Henderson Group Plc to a “best and final” $8 billion. The billionaire activist investor can be pushed around a little bit. That may have to suffice for Janus’ shareholders as the path to a better price from here has narrowed.

Nelson Peltz Is Giving Hedge Funds a Little Sweetener
Nelson Peltz has blinked, sweetening his bid for Janus Henderson Group Plc to a “best and final” $8 billion. The billionaire activist investor can be pushed around a little bit. That may have to suffice for Janus’ shareholders as the path to a better price from here has narrowed.

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