Disney secures support from ValueAct in looming proxy battle with activist investor Nelson Peltz
The unusual twist in the battle for Disney’s board underscores the high stakes in the company’s attempted turnaround under CEO Bob Iger
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The unusual twist in the battle for Disney’s board underscores the high stakes in the company’s attempted turnaround under CEO Bob Iger
The first session of the year on Wall Street was lackluster and today looks like it’s not gonna be any better. Speculation is already rife as to whether this is the end of the good times seen at the... -January 03, 2024 at 09:38 am EST - MarketScreener
ValueAct, recognized for its cooperative approach, is perceived as a boon for Disney as it readies for a likely proxy showdown with another activist investor, Nelson Peltz.
The deal includes the support of Blackwells Capital, which says it will nominate Disney's recommended candidates to the board
In a move to fortify its strategic posture, The Walt Disney Company DIS has brought onboard investment firm ValueAct Capital. The firm will provide strategic…