Home NEWSBusiness Disney board fends off Peltz infiltration bid

Disney board fends off Peltz infiltration bid

by Nagoor Vali

What occurred

Shareholders within the Walt Disney Co. voted down an effort by activist investor Nelson Peltz to hitch Disney’s board on Wednesday, marking the second time in two years that Peltz’s Trian Companions hedge fund has didn’t infiltrate the corporate’s governing physique. 

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