Disney's Bob Iger wins bitter proxy battle with activist investors over board seats
Disney chief Bob Iger prevailed in a bitter proxy battle with activist investors over the company's board members Wednesday.
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Disney chief Bob Iger prevailed in a bitter proxy battle with activist investors over the company's board members Wednesday.
Jamie Dimon told CNBC on Wednesday that Bob Iger was a "first-class executive and outstanding leader" who "knows the media and entertainment business cold and has the successful track record to prove it."
Macy's is facing a board challenge from Arkhouse Management after the investment firm nominated nine director candidates just weeks after the retailer rejected a go-private bid from Arkhouse and its partner Brigade Capital.
JetBlue Airways agreed to name two members from activist investor Carl Icahn's firm to join its board, the airline said Friday, potentially avoiding a proxy fight and sending its shares up more than 5% in extended trading.
Wendy's chairman and its largest shareholder, charged the fast-food giant nearly $600,000 in "security-related expenses" last year, according securities...