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Activist Investor Nelson Peltz Says He Was 'A Matchmaker' For Elon Musk With Donald Trump
Friday, November 15, 2024 - 9:04am | 561Billionaire activist investor Nelson Peltz claimed he played a crucial role in introducing Elon Musk to Donald Trump. This connection reportedly led to Musk’s significant support for Trump’s presidential campaign. What Happened: Peltz, the founder and CEO of Trian Partners, disclosed...
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Nelson Peltz's Trian Fund Management Reshaped Portfolio Ahead Of Presidential Election
Thursday, November 14, 2024 - 6:56pm | 585Trian Fund Management, the hedge fund led by Nelson Peltz, disclosed substantial portfolio changes in its third-quarter 13F filing, making notable exits from major companies before the 2024 U.S. presidential election. What Happened: The fund sold off its entire stakes in GE HealthCare Technologies...
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Disney Still Makes Up A Chunk Of Peltz's Trian Fund Despite $4B Exit, Records Show
Thursday, August 15, 2024 - 4:25pm | 574Trian Fund Management, an activist investor hedge fund co-founded by billionaire Nelson Peltz, still owns a piece of Walt Disney Company (NYSE:DIS) after reportedly selling its entire position in late May, according to regulatory filings. A quarterly 13-F report filed with the Securities and...
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The Rich Get Richer: How One Billionaire Lost But Still Made Hundreds Of Millions
Thursday, May 30, 2024 - 2:43pm | 430No one likes to lose. But if losing means making around $1 billion in the process, I'd take it. Nelson Peltz, the activist investor behind Trian Fund Management, upped his stake in Walt Disney Co (NYSE:DIS) last October. By the end of 2023, he owned more than 1% of the company. Peltz used his...
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Activist Investor Nelson Peltz Sells Entire Disney Stake For $1B After Losing Proxy Battle (UPDATED)
Thursday, May 30, 2024 - 3:06am | 461Editor’s Note: The article has been updated with a response from Trian Partners. Activist investor Nelson Peltz has divested his entire stake in Disney (NYSE:DIS) at approximately $120 each, netting around $1 billion. What Happened: The sale follows a recent proxy battle loss for Peltz’...
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Elon Musk's Feud With Bob Iger Rages On, But His Bromance With Nelson Peltz Is Going Strong: 'His Ideas Are Beyond Anything...'
Friday, April 5, 2024 - 1:44am | 809In an interview on Thursday, activist investor Nelson Peltz praised billionaire entrepreneur Elon Musk, calling him a “brilliant guy” with “no ego.” What Happened: In an interview with CNBC, Peltz lauded Musk, calling him a “friend” and a brilliant person with no...
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Nelson Peltz Reflects On Disney Proxy Battle's Aftermath: 'I Was Very Surprised'
Thursday, April 4, 2024 - 1:10pm | 393During an interview on CNBC with Jim Cramer on Thursday, Nelson Peltz, the activist investor, corrected misconceptions regarding his financial gain from a proxy battle with Walt Disney Co (NYSE:DIS). Initially reported as a $300 million “consolation prize” by various media outlets,...
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Bob Iger Says Peltz 'Didn't Bring Any New Ideas' To Disney Following Proxy Fight Win
Thursday, April 4, 2024 - 12:07pm | 418Walt Disney Company (NYSE:DIS) announced Wednesday afternoon that all 12 board nominees had won re-election following its annual shareholder meeting. Disney CEO Bob Iger joined CNBC's “Squawk on the Street” Thursday to discuss the company's victory in its proxy battle against activist...
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Who Will Be Disney's Next CEO? Hunt For Bob Iger's Successor Accelerates As Boardroom Drama With Activist Investor Settles Down
Thursday, April 4, 2024 - 8:08am | 648The search for a new CEO at The Walt Disney Company (NYSE:DIS) has intensified, following the end of a protracted proxy battle with activist investor Nelson Peltz. What Happened: Disney’s board has repeatedly delayed decisions regarding Iger’s successor, pushing back his retirement date...
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Disney Boardroom Battle Was Not Targeted At Bob Iger, But Holding The Board Accountable, Says 13D Founder — Jeffrey Sonnenfeld Disagrees
Thursday, April 4, 2024 - 4:07am | 759On Tuesday, while appearing on CNBC’s “Last Call,” Ken Squire, the founder and president of 13D Monitor, shared his perspective on the boardroom battle at Walt Disney Co. (NYSE:DIS), saying it was not targeted at Bob Iger. What Happened: Squire said that Nelson Peltz, the nominee...
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Jim Cramer Raises Disney Stock Red Flag After Nelson Peltz's Board Seat Loss
Thursday, April 4, 2024 - 1:35am | 628CNBC host Jim Cramer says activist investor Nelson Peltz‘s recent defeat in his bid for a seat on the Walt Disney Co (NYSE:DIS) board has raised concerns about the company’s stock. What Happened: Cramer expressed his apprehension about Disney’s stock following Peltz’s failed...
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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...
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Disney's Largest Shareholder Vanguard Sides With Management In Proxy Fight Against Nelson Peltz
Wednesday, April 3, 2024 - 9:50am | 574In a recent turn of events, investment management firm Vanguard has reportedly declared its support for Disney‘s (NYSE:DIS) management over activist investor Nelson Peltz in the imminent board vote. What Happened: Vanguard, being Disney’s largest shareholder with a 7.8% stake, intends...
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Elon Musk Says 'Nelson Peltz Should Definitely Be On The Disney Board,' It Would 'Significantly Improve' The Share Price
Wednesday, April 3, 2024 - 4:06am | 760In a series of tweets, Elon Musk has clarified that he believes activist investor Nelson Peltz should be on Walt Disney Co’s (NYSE:DIS) board of directors. What Happened: Musk took to X, formerly Twitter, to express his support for Peltz. “Nelson Peltz should definitely be on the Disney...
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Disney Stock Set For 20% Upside As Bob Iger's Turnaround Strategy Gains Momentum, Says BofA: 'Appears To be In Command And Control And On A Growth Offensive'
Tuesday, April 2, 2024 - 8:32am | 650The Walt Disney Company’s (NYSE:DIS) stock is poised for a 20% rise as Bob Iger’s turnaround strategy begins to bear fruit, according to a note from Bank of America released on Monday. What Happened: Bank of America analyst Jessica Reif Ehrlich maintains that Iger’s growth-focused...