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And don't miss Sarah Halzack on Carl Icahn's cookware investment: "It was shrewd for Newell to join forces with Icahn. By accepting several new members to its board, the company now can make a convincing case to shareholders that it is plenty open to fresh ideas and outside help. It's harder to argue now that Newell is simply resisting Starboard's nominees out of stubbornness. But I don't think it'll be smooth sailing from here for Newell's Starboard pushback. That's because shareholders are rightly looking for more evidence Newell doesn't need Starboard's help."
This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.
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