Bob Iger took a victory lap this morning, a day after the company fended off activist investor Nelson Peltz in a fierce proxy battle. In an interview on CNBC, he said the fight had one positive, getting the company in closer touch with investors as it lobbied for its board slate. He said succession is
Nelson Peltz
All due respect to Godzilla, but the first quarter of this year was a bust for Hollywood. There’s no getting around it. The news read like an April Fool’s joke without a punchline. Disney gave up its fight with Florida, better to face its battle with investor Nelson Peltz (which reminds the ancient among us
Disney came out swinging Tuesday against Trian Partners and owner Nelson Peltz, the activist investor who’s pushing a proxy fight to take a seat Disney’s board. “The current board is the right board for Disney shareholders,” the company said in a filing today with the SEC. “Nelson Peltz does not understand Disney’s business and lacks