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Nelson Peltz Sells His Entire $1 Billion Stake in Disney After Losing Proxy Battle, CNBC Reports The move comes week after Trian Fund Management’s bid was shot down by Disney shareholders Disney ...
Activist investor Nelson Peltz has reportedly sold his stake in the Walt Disney Co., weeks after losing a proxy battle for seats on the company’s board of directors.
Peltz has been critical of Disney's governance, particularly its streaming strategy and CEO succession plan.
Billionaire activist investor Nelson Peltz sold his entire stake in Disney for an impressive $1 billion, according to a source who spoke to CNBC.
Ike Perlmutter Sells Entire Stake in Disney After Proxy Fight The ousted Marvel mogul had backed Nelson Peltz, who lost in his battle for two seats on the Disney board.
Multiple media outlets, citing an unidentified source familiar with the transaction reported that Peltz’s firm, Trian Fund Management, unloaded its entire stake in Disney.
Nelson Peltz has sold his entire Disney stake after losing his proxy battle, according to a person familiar with the matter.
Former Marvel chairman Ike Perlmutter has sold his entire stake in Disney after losing the proxy fight with activist investor Nelson Peltz.
In early April, Nelson Peltz’s Trian lost a proxy battle at Disney as shareholders reelected the company’s full slate of board nominees.
Activist investor Nelson Peltz has sold his entire Disney (DIS) stake, according to a source familiar with the matter. Peltz sold his position at a price of around $120 a share, which yielded a ...
Perlmutter banded with activist investor Nelson Peltz last year in a campaign to secure two seats on Disney’s board of directors, contributing nearly 26 million shares to Peltz’s war chest.
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