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February 1, 2024
Wall Street is mixed after the Dow, the S&P 500 and the Nasdaq sank on the last day of January.
February 1, 2024
Disney defended its "highly qualified board and clear strategy" against activist investor attacks and revealed the date of its shareholder meeting.
February 1, 2024
Disney, in announcing the date of the 2024 annual shareholders meeting, urged investors to reject board nominees put forth by activist investors.
January 31, 2024
(Bloomberg) -- Nelson Peltz is urging Walt Disney Co. investors not to reelect two board directors, as the billionaire activist’s proxy battle with the media giant heats up. Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyS&P 500 Has Its Worst Fed-Decision Day Since March: Markets WrapByron Allen’s Latest Takeover Bid: Paramount for $14 Billion...
January 29, 2024
Hedge fund billionaire Nelson Peltz launched a proxy fight against Disney and its CEO Bob Iger in January 2023. Here's a timeline of events since then.
January 26, 2024
Summoned out of retirement to right the company, Iger faces shareholders who want to shake up the board
January 25, 2024
Former Disney board member and CFO Gary Wilson slammed Bob Igers succession plans."Iger has systematically eliminated any executive who could become a successor,"
January 24, 2024
A $3 billion bet on Walt Disneyย by Nelson Peltz's Trian Fund Management was largely responsible for the investment management firm's underperformance last year.
January 23, 2024
A $3 billion bet on Walt Disney by Nelson Peltzs Trian Fund Management was largely responsible for the investment management firms underperformance last year relative to its activist hedge...
January 23, 2024
A $3 billion bet on Walt Disney by Nelson Peltz's Trian Fund Management was largely responsible for the investment management firm's underperformance last year relative to its activist hedge fund peers, according to financial details provided to Reuters by a Trian investor. The previously unreported details illustrate the high financial stakes for Trian as it seeks to shake up Disney's board in this year's highest-profile proxy contest. Trian's fund returned 10% last ...