Vanguard votes for Disney directors in boardroom battle, sources say
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FILE PHOTO: Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
NEW YORK (Reuters) - Walt Disney's largest investor Vanguard Group has voted to back all of the entertainment giant's 12 directors, helping the company pull ahead in its bitter board-room fight with two hedge funds, including Nelson Peltz's Trian Fund Management, sources said on Tuesday.
(Reporting by Svea Herbst-Bayliss, Editing by Franklin Paul)
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