DowDuPont, the chemicals giant, said on Tuesday that it would shift the focus of its reorganization plan after shareholders opposed a proposal to break up the company.
The decision is the latest response by a big company to activist shareholders who have taken on ever-larger targets in recent years, demanding changes to corporate strategies. Household names like Procter & Gamble, Nestlé and Samsung have all found themselves in the sights of such investors.
The new plan, announced
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