Walt Disney's Proxy Tug of War Pulls Shares to 52-Week Highs - Procter & Gamble (NYSE:PG), Walt Disney (NYSE:DIS)
The Walt Disney Co. (NYSE: DIS) shares have been surging to 52-week highs, but not necessarily due to material improvements in operations. There is a proxy war being undertaken between billionaire activist investor Nelson Peltz of the Trian Fund and the Walt Disney CEO Bob Iger.
Source: benzinga.com