Activist investor Nelson Peltz defeated in Disney board battle
Entertainment giant wins the support of enough investors to see off proxy battle
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Entertainment giant wins the support of enough investors to see off proxy battle
The dissident investors said in a preliminary proxy filing that they wanted to complete a successful CEO succession at Disney and update pay.
Disney CEO Bob Iger faced an aggressive challenge by activist investors seeking to take the Magic Kingdom in a new direction at a shareholder meeting Wednesday.
With Walt Disney’s months-long proxy war with activist investor Nelson Peltz in the rear-view mirror, attention is refocused on finding CEO Bob Iger’s successor. The board has...
The tally is in and Disney has fended off Nelson Peltz as shareholder voted to install the company's board nominees, not the activist investor.