Published 1 month ago

Battle for Disney board seats heats up as votes come in, Blackwells sues

Summary by Ground News

The New York City Retirement System backs Trian Fund Management. Neuberger Berman says it will vote to support Peltz and Trian's second candidate. The fight has become the year's most closely watched boardroom battle. Shareholders will vote on April 3 on who will end up sitting on the company's 12-member board.

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Battle for Disney board seats heats up as votes come in, Blackwells sues

Battle for Disney board seats heats up as votes come in, Blackwells sues With less than a week to go before shareholders elect Walt Disney's board, the race for votes heated up on Thursday as one institutional investor sided with CEO Bob Iger and the company's directors, while another backed hedge fund manager Nelson Peltz's Trian Fund Management. The New York City Retirement System, which owned $291 million worth of Disney stock at the end of …

1 month ago

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