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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.

4 Articles

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Wall Street JournalWall Street Journal
Center

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

·New York, United States
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The Business JournalsThe Business Journals
Center

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

Peltz is urging the removal of board member Michael Froman.

·United States
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MarketWatchMarketWatch
Center

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.

·United States
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VarietyVariety
Lean Left

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.

·Los Angeles, United States
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Variety broke the news in Los Angeles, United States on Thursday, February 2, 2023.
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