Disney shareholders back CEO Iger, rebuff activists who wanted to shake up the company
Disney shareholders have rallied behind longtime CEO Robert Iger
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Disney shareholders have rallied behind longtime CEO Robert Iger
(Bloomberg) -- Walt Disney Co. is leading in its proxy fight against billionaire Nelson Peltz with more than half of the votes counted, the Wall Street Journal reported, citing people familiar with the matter.Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksErdogan Suffers Historic Loss in Turkey Municipal ElectionsCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownCrash or Soar? Traders Are Preparing for Stock Market ExtremesTesla Has Wall Street
Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment conglomerate, with more than half of all shares voted before...
Conservative foundation America First Legal, founded by Stephen Miller, claims that Disney's DEI initiatives are "unlawful discrimination."
Disney may be edging past Nelson Peltz in a proxy fight as more shareholders support the company's board nominees ahead of the annual meeting.