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Disney Board Election Tally Shows James Gorman Leading All Vote-Getters

The Walt Disney Co. has released the official vote totals from its April 3 annual shareholder meeting, the event that featured the culmination of a proxy fight waged by Nelson Peltz. The effort by Peltz’s Trian Fund Management to secure two seats on the...

Disney Activist Investor Nelson Peltz Lost Proxy Fight But Claims $1B In Stock Gains

Activist investor Nelson Peltz, reflecting on his losing proxy battle with Disney, says he will “watch and wait” to see if the company will keep its promises. If not, he told CNBC in an interview Thursday, “you’ll see me again.” Asked by host Jim Cramer...

Bob Iger Touts Florida Lawsuit Settlement At Disney Annual Meeting, Talks Of Future Investment In The State

Walt Disney Co. CEO Bob Iger touted as a “win-win” the recent settlement of litigation with the Ron DeSantis-appointed special district board that oversees the company’s Florida theme park properties. At the company shareholders meeting today, Iger said that the settlement “will actually enable...

Disney Activist Investor Blackwells Sues The Company Ahead Of Shareholder Meeting

Activist Disney investor Blackwells Capital has filed a lawsuit against the media giant over what it sees as an inappropriately cozy relationship with another shareholder, ValueAct Capital. In the lawsuit filed Thursday in Delaware Chancery Court (read it HERE), Blackwells lays out concerns about...

In Disney Proxy Battle, A Second Proxy Advisory Firm Backs Activist Investor Nelson Peltz

Proxy advisory company Egan-Jones on Wednesday became the second independent firm to support activist Nelson Peltz‘s effort to secure seats on the Disney board. The endorsement follows that of ISS earlier this month, which was a notable win for Peltz’s Trian Fund Management. The...

Bob Iger And Disney Get Backing In Proxy Battle From Ex-CEO Michael Eisner

Disney and its current CEO, Bob Iger, have secured the backing of Iger’s onetime boss, former Chairman and CEO Michael Eisner. In a statement posted to social media, Eisner didn’t name Nelson Peltz, whose Trian Fund Management is mounting an offensive to win two...