Top Stocks: Trian reduces stake in Ingersoll-Rand (NYSE:IR) to 4.93% from 5.79%; Herbalife (NYSE:HLF), AT&T (NYSE:T)
Trian Group has sold overall 2.4M shares of Ingersoll-Rand (NYSE:IR). After this sale, Trian Group, in the aggregate, beneficially own 12.98M shares, or approximately 4.93% of Ingersoll-Rand outstanding shares. In the future, CalSTRS will make independent investment decisions in respect of its holdings in Ingersoll-Rand and, therefore, Trian Group and CalSTRS no longer constitute a group in respect of their respective holdings in Ingersoll-Rand.…
