Walt Disney (DIS) says it appreciates Trian Fund is no longer pursuing a proxy contest
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Statement From The Walt Disney Company
February 9, 2023 12:18 PM ESTBURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) Board of Directors issued the following statement today in response to Nelson Peltzs announcement that Trian Fund is no longer pursuing a proxy contest at Disney:
We respect and value the input of all our... More
Trian Applauds Recent Initiatives Announced by Disney as a Win for All Shareholders and Concludes Proxy Campaign
February 9, 2023 11:31 AM ESTNEW YORK--(BUSINESS WIRE)-- Trian Fund Management, L.P. (Trian), whose investment funds collectively own approximately 9.4 million common shares of The Walt Disney Company (NYSE: DIS) (Disney or the Company) valued at approximately $1 billioni, today issued the following statement:
We congratulate Disney and Bob Iger on their recently announced operating initiatives, which are a win for all shareholders and broadly align with our thinking. We are pleased with the role that Trian was able to play in helping to focus the Board to take decisive actions which we believe will lead to better financial... More
