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Published 1 year ago

Activist investor targets Disney board member in open letter to shareholders

Summary by Ground News
Trian Fund Management co-founder Nelson Peltz is leading an escalating proxy fight against Disney. He targeted board member Michael Froman, according to a proxy form filed by the hedge fund. Trian also released a new open letter to Disney shareholders, urging them to withhold votes for Froman.

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The Business JournalsThe Business Journals

Disney urges shareholders to reject bid by investor Nelson Peltz to join board

Peltz is urging the removal of board member Michael Froman.

1 year ago·United States
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VarietyVariety

Disney Board Urges Shareholders to Ignore Activist Investor Nelson Peltz’s Proposals

Disney's board of directors is firing back against activist investor Nelson Peltz's Thursday proposal materials to shareholders.

1 year ago·Los Angeles, United States
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MarketWatchMarketWatch

Activist investor targets Disney board member in open letter to shareholders

Trian Fund Management co-founder Nelson Peltz is urging Disney shareholders to vote for him and against Michael Froman.

1 year ago·United States
Read Full Article
Wall Street JournalWall Street Journal

Activist Investor Nelson Peltz Steps Up Pressure on Disney Board

Open letter calls for removal of a director, criticizes pay of executives like CEO Bob Iger

1 year ago·New York, United States
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