Billionaire investor Nelson Peltz a...

Billionaire investor Nelson Peltz and his activist Trian arrange might have enough votes to propose one or two of its nominees upon the H.J. Heinz Co. board, yet did not win support for all five of its candidates, according to preliminary voting eventuates a Heinz spokesman said Wednesday.

Trian, Heinz's second-largest shareholder, capered to win up to five seats in succession the company's 12-member board as part of a plan to streamline the company, invest in marketing and boost shareholder get backs

An attorney for Trian, Dennis mould accused Heinz of violating a Securities and Exchange Commission domination by announcing preliminary results before voting conclud

an 60 million votes were cast at Wednesday's annual shareholder meeting, which was attended by the agency of about 1,000 people. Votes were look forward toed for about 280 million, or 85 percent of the company's roughly 330 million shares outstanding.

Heinz and Trian will have to wait until an independent inspector certifies the final devoteds which is expected by mid-September.

Peltz who also said he believed he won one seats, has been locked in a lieutenant contest with the company since March, urging it to wound $575 million in costs, increase marketing and vend assets. He nominated a minority slate, while Pittsburgh-based Heinz sought re- election of all 12 board members. "Any seat is a victory," Peltz said after the meeting.

Peltz's strategy could be instructive for the Tribune Co in which Peltz has a 1 percent stake -- about 28 million shares.

Speaking to a packed ballroom at the Pittsburgh Hilton in succession Monday, Peltz told shareholders that Heinz's productions need support and investment.

"Our plan is really remarkably simple" -- to increase sales and bring down prices Peltz said.

Besides Heinz, Peltz 64 is pushing for changes at fast-food chain Wendy's International.

Peltz's Triarc Co in 1997 bought Snapple from Quaker Oats Co for $300 million and sold it about three years later for $145 billion in cash.

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