A billionaire who was critical of Disney’s management, Mr. Peltz lost an expensive battle for a place on the company’s board.
Category: Trian Fund Management LP
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The Takeaways from Disney’s Proxy Battle with Nelson Peltz
New voting rules made for sharper attacks, while a bold defense kept the activist investor at bay. But pressure remains on the company’s chief, Bob Iger.
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Disney’s Annual Meeting Will Include a Thrill Ride
A nasty and expensive fight over board seats will come to a climax Wednesday when shareholders vote on Nelson Peltz’s bid for influence.
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As Disney Fights Nelson Peltz, Small Shareholders Loom Large
Individuals hold as much as 40 percent of the company’s shares, and they may decide a proxy battle that is one of the most expensive in history.
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What Must Nelson Peltz Do to Get Some Respect?
The longtime corporate agitator feels misunderstood. Maybe his fight with Disney could change that.
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Disney Has ‘Turned the Corner’ After a Strong Quarter, Iger Says
The company, facing pressure from activist investors, surpassed expectations for earnings and slowed its streaming losses.
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Elon Musk Backs Gina Carano’s Disney Suit Over ‘Mandalorian’ Exit
Gina Carano accused Disney and Lucasfilm of discrimination when they dropped her after she posted baseless conspiracy theories and right-wing views on social media.
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Nelson Peltz Nominates Two to Disney Board, Including Himself
Nelson Peltz, who feels the company’s stock is languishing and that leadership succession planning has been mishandled, is in his second proxy battle with the entertainment giant in two years.
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May Jobs Report May Yield Clues for Fed’s Next Rates Move
With the fight over the debt ceiling resolved, investors are turning to other concerns, including inflation and interest rates.
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The S.E.C. Charges Kraken Over Staking, Worrying Crypto Executives
The New York Times – Business:Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry.
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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.
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Disney’s Iger Returns to Familiar Stage, but With Different Challenges
The New York Times – Travel:The company reports quarterly earnings on Wednesday, and Wall Street is expecting it to lay out a new streaming strategy and operating structure.