Ancora Backs Nelson Peltz for Walt Disney's (DIS) Board

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Go back to Ancora Backs Nelson Peltz for Walt Disney's (DIS) Board

Ancora Issues Letter to Fellow Shareholders of The Walt Disney Company Regarding the Value of Adding an Investor Representative to the Board

December 5, 2023 9:01 AM EST

CLEVELAND--(BUSINESS WIRE)-- Ancora Holdings Group, LLC (together with its affiliates, Ancora or we), which has approximately $8.7 billion in assets under management and is a shareholder of The Walt Disney Company (NYSE: DIS) (Disney or the Company), today issued an open letter to fellow shareholders regarding the state of the Companys Board of Directors (the Board).

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Fellow Shareholders,

Ancora is a shareholder of Disney because its brand, entertainment assets and media holdings can underpin sustained value creation for decades to come. We believe Disney is saying the right things about restructuring and... More