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Activist Disney Investor Declares End to Battle for Board Seat

The New York Times – Business:

The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.

Lauren Hirsch
Author: Lauren Hirsch

This post first appeared in The New York Times – Business. Read the original article.

Written by

Lauren Hirsch

in

Company Reports, Iger, Robert A, Layoffs and Job Reductions, Peltz, Nelson, Shareholder Rights and Activism, Trian Fund Management LP, Walt Disney Company
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