Disney emerges victorious in proxy fight against activist investors
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
What comes next for Walt Disney stock after proxy fight?
April 4, 2024 2:00 PM EDTIn the recent proxy battle between Walt Disney (NYSE: DIS) and activist investor Nelson Peltz, Peltz's Trian Fund Management launched a campaign aiming to instate Peltz and former Disney CFO Jay Rasulo on the Disney board.
However, Disney emerged victorious in the proxy battle, with the company's board nominees winning re-election and Disney's shareholders rejecting Peltz's bid for a... More
Nelson Peltz's Trian Partners made $300m on Walt Disney (DIS) investment
April 4, 2024 6:27 AM EDTAccording to a report from the Wall Street Journal on Thursday, Nelson Pelt's Trian Partners made around $300 million in profit on its 16-month investment in Walt Disney (NYSE: DIS).
The activist investor was defeated in his board battle with Disney, but Peltz's firm made a significant gain on its... More
