nelson-peltz-sells-disney-stock
The move comes week after Trian Fund Management's bid was shot down by Disney shareholders earlier this year
Stay updated with breaking news from Leah Solivan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The move comes week after Trian Fund Management's bid was shot down by Disney shareholders earlier this year
Roughly 68% of the entertainment giant's total 1.83 billion outstanding shares were represented at the meeting
He proxy battle over the makeup of the board of The Walt Disney Co. ended on April 3 with activist investors being turned down by shareholders.
Billionaire Nelson Peltz took on embattled Disney CEO Bob Iger and lost. But the flop-prone House of Mouse has little to celebrate
Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders will vote yes or no at Wednesday’s board meeting.