-
Disney Board Emerges Victorious In Shareholder Vote, Beats Trian And Blackwells Nominees: Shares Slide Below $120
Wednesday, April 3, 2024 - 2:58pm | 593The Walt Disney Company (NYSE:DIS) announced a resounding victory against activist investors Wednesday at its annual meeting. The company’s entire slate of 12 directors won “by a substantial margin” against the candidates proposed by investment firms Trian and Blackwells, the...
-
Star Wars Creator George Lucas Pledges Support In Activist Battle: The Force Is With Disney
Tuesday, March 19, 2024 - 12:03pm | 630An activist battle against media giant Walt Disney Co (NYSE:DIS) has several investors fighting to make changes at the company. Disney may have secured a key win ahead of its April annual meeting with the force of George Lucas. What Happened: A household name to many movie fans, Lucas founded...
-
Disney Activist Battle Rages On With Stock At 52-Week Highs: Can Nelson Peltz 'Restore The Magic'?
Tuesday, March 5, 2024 - 7:51pm | 798An activist battle against leading media company Walt Disney Co (NYSE:DIS) has been in the works for over a year and has escalated in recent months. Here's an update on the battle against Disney and key items an activist battle thinks could help the media giant. What Happened: Activist investor...
-
Bob Iger Vs. Nelson Peltz: A Former Marvel Boss Joins War Over Disney Board
Friday, December 1, 2023 - 2:43pm | 617Activist investor Nelson Peltz has allies in his latest fight against Disney (NYSE:DIS). But so, too, does Bob Iger, the entertainment conglomerate’s CEO. What Happened: Peltz is attempting his second coup to capture seats on Disney’s board of directors. His first effort ended in...
-
Why This Activist Peloton Investor Wants The Company Put Up For Sale
Friday, February 11, 2022 - 4:27pm | 533Activist investor Blackwells Capital is calling on Peloton Interactive Inc (NASDAQ: PTON) to seek a buyout rather than restructure its struggling business internally. Peloton shares are down 76.2% in the last year as the company has struggled to find post-pandemic growth. Earlier this week, Peloton...