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Activist Disney Investor Declares End to Battle for Board Seat

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

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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