Third Point Confirms Position in The Walt Disney Company (DIS), Calls for Changes

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Go back to Third Point Confirms Position in The Walt Disney Company (DIS), Calls for Changes

Third Point Accumulates Position in The Walt Disney Company, Files for Hart-Scott-Rodino to Engage Directly with the Company

August 15, 2022 10:15 AM EDT

Third Point Seeks Constructive Engagement with Disney on Numerous Issues

NEW YORK--(BUSINESS WIRE)-- Third Point LLC (LSE: TPOU) (Third Point), a New York-based investment firm managing approximately $14 billion in assets today sent a letter to Disney (NYSE: DIS) CEO Bob Chapek, the full text of which is below.

Mr. Robert A. Chapek
Chief Executive Officer
The Walt Disney Company
500 S. Buena Vista Street
Burbank, CA 91521

August 15, 2022

Dear Bob:

Congratulations on a... More