Disney emerges victorious in proxy fight against activist investors
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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
