Disney Gains Support From a Prominent Activist Investor
The Walt Disney Company said on Wednesday that it had gained the backing of ValueAct Capital, a prominent activist hedge fund, as it faces a board challenge…
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The Walt Disney Company said on Wednesday that it had gained the backing of ValueAct Capital, a prominent activist hedge fund, as it faces a board challenge…
Backing comes amid a boardroom tussle for seats at the table
Disney was defeated at the global box office in 2023, and now a bunch of hedge funds are vying for power behind the scenes
Disney and its CEO Bob Iger said Wednesday they have secured support from ValueAct Capital and Blackwells Capital in a board of directors proxy battle.
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