Disney, Trian’s Peltz Preparing For A Proxy Battle

Walt Disney Stock

Media and entertainment giant Walt Disney Co (NYSE:DIS) is attempting to prevent activist investor Nelson Peltz from joining the company’s board, after his asset management firm Trian Fund Management nominated him. Peltz said Disney “lost its way,” leading to a steep decline in the company’s financial performance. Disney’s stock rose on Thursday after closing as […]

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