Nelson Peltz's Trian Partners Launch Proxy Fight for Disney Board Seats
TL;DR Summary
Activist investor Nelson Peltz has launched a fresh proxy fight against Disney after his request to join the board was rejected. Peltz's Trian Fund Management claims that Disney shareholders have lost around $70 billion in value since the end of their first campaign in February. Disney CEO Bob Iger has emphasized his plans to transform Disney into a modern media company.
- Nelson Peltz Launches Fresh Proxy Fight Against Disney The Wall Street Journal
- Nelson Peltz seeks seats on Disney board CNBC
- Disney: Nelson Peltz's Trian Partners seeking two seats on board Yahoo Finance
- Disney, Facing Activist Investor Pressure, Adds 2 Board Members The New York Times
- The Walt Disney Company board appoints two new directors wdwmagic.com
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