Activist investor Icahn takes on sausage-making at McD, threatens proxy fight over board seat - WSJ
Icahn is pushing the burger chain to treat pigs better and expecting to ban the use of gestation crates, the Wall Street Journal reported on Tuesday, citing people familiar with the matter
By Arghyadeep Dutta
Published - Feb 08, 2022, 09:16 PM ET
Last Updated - Feb 15, 2024, 07:25 AM EST
• In 2012, McDonald's pledged to stop buying pork
from producers who use gestation crates
• Icahn owns around 100 shares of McDonald's,
worth around $26,000
Carl Icahn, the billionaire activist investor, has
reportedly threatened privately to run a proxy fight for representation on the
board of McDonald’s Corp (NYSE: MCD).
Icahn is pushing the burger chain to treat pigs better and
expecting to ban the use of gestation crates, the Wall Street Journal reported
on Tuesday, citing people familiar with the matter.
