Activist investor Nelson Peltz launches Disney proxy fight, seeks multiple board seats
Blog iconyiyao
Feb 15
Activist investor Nelson Peltz and his firm are seeking more than two seats on Disney’s board, according to a person familiar with the matter, setting the stage for a proxy fight. Trian Fund Management, which Peltz co-founded, said Thursday morning that it “intends to take our case for change directly to shareholders.” Disney, for its part, suggested the proxy fight stemmed from a personal grudge held by one of Peltz’s allies, former Marvel boss Ike Perlmutter. Trian said Disney earlier in th...

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