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Walt Disney (DIS) turns down Trian request for Board representation - activist investor to take case directly to shareholders

November 30, 2023 11:40 AM EST

Activist investor Nelson Peltz's Trian Fund Management said Thursday that Walt Disney (NYSE: DIS) has turned down their request for Board representation.

Trian owns approximately $3 billion worth of Walt Disney Company shares. It revealed that following conversations with Disney's CEO, the company extended an offer to Trian to meet... More