"Disney's Strategy for Defeating Activist Investors, Explained by Prof. Ludwig Von Drake"

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Source: Deadline
"Disney's Strategy for Defeating Activist Investors, Explained by Prof. Ludwig Von Drake"
Photo: Deadline
TL;DR Summary

Disney launches a website called VoteDisney with a video featuring Professor Ludwig Von Drake, instructing shareholders to vote for the company's board nominees using the white proxy card and not for the Trian group or Blackwell's nominees. Activist investor Nelson Peltz is campaigning to replace two Disney directors with himself and former Disney executive Jay Rasulo, while another group called Blackwells Capital is also putting up a slate of directors. Shareholders are urged to discard blue and green proxy cards and submit their votes by April 2, with Disney reporting its latest quarterly earnings this Wednesday.

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