Disney Faces Proxy-Voting Challenges on Directors, Lagging Stock, and Political Spending
Why it’s a critical time for one of the world’s most recognizable companies.
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Why it’s a critical time for one of the world’s most recognizable companies.
The lengthy proxy battle between Disney CEO Bob Iger and Nelson Peltz will come to a head when shareholders vote on Wednesday.
(Bloomberg) -- Walt Disney Co. and Chief Executive Officer Bob Iger are poised to triumph over Nelson Peltz’s Trian Fund Management in a costly, months-long proxy battle, according to people with knowledge of the matter.Most Read from BloombergTrump Sues Truth Social Company Co-Founders to Zero Them OutA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTesla’s Sales Miss by the M
If you are the fun, harmless type of nerd (Disney fan) or the boring pill-type (person who reads financial news), there’s a good chance you’ve seen something about this year’s annual Disney shareholder meeting. Here’s a primer for tomorrow.
Disney's Bob Iger will fend off activist investors at Disney's shareholder meeting, where board seats will be decided.