Disney, Trian's Peltz Preparing For A Proxy Battle
Media and entertainment giant Walt Disney Co (NYSE:DIS) is attempting to prevent activist investor Nelson Peltz from joining the company’s board
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Media and entertainment giant Walt Disney Co (NYSE:DIS) is attempting to prevent activist investor Nelson Peltz from joining the company’s board
Reevemark represents Trian Partners, which will nominate its CEO Nelson Peltz for a board seat at Walt Disney.
Will move some, but not all of the holdouts, then you have this other pressure point which is moderates like don bacon aren't happy with all the concessions being made. is there a time limit here? i mean, if this latest deal doesn't put mccarthy over the top, is that the last round of this or do they just try again? >> they can play this out as long as the core group that's around him, the majority of the republican party, is willing to stick with him, though the problem and the question for the entire republican party becomes if they hit the wall with kevin mccarthy and they have to go to a p...
Getting down to business? >> that's a good question for dana bash. >> i mean, listen, people close to mccarthy are saying hour to hour, day to day now that he's not going to do that for a couple of reasons. not the least of which so far is that for all of the people who are saying, never kevin, he's got -- we heard from congressman james 90% of the caucus with him and of that 90% he has a very staunch core group saying, we need you to do this because we need to fight the proxy battle that audie was talking about against this hard core, not necessarily that they love kevin mccarthy. it's not to...
Be on the intel committee when i become speaker. >> he had a lonk g list, essentl hely saying if we have chaos, these things won't get done. >> and this is early proxy battle. every point if he takes over, there will be five or six or ten people who will try to hold the whole conference hostage and i think that people would be surprised if they only, you know, watch twitter and read what matt gaetz is saying every day. just how much support he has in his conference. he has 188. a lot of that 188 in the vote for the nomination for speaker is really committed passionate support for kevin mccarth...