US EditionWhat's going on at Disney as the board battle with activist investor Peltz reignites?
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What's going on at Disney as the board battle with activist investor Peltz reignites?
Activist investor Nelson Peltz has reignited the boardroom battle at Disney in a fresh clash between his investment firm Trian Partners and Disney chief executive Bob Iger. Trian, which controls a $3bn (£2.4bn) stake in Disney, said it will take the “case for change directly to shareholders” after Disney rebuffed Peltz’s bid to secure board seats. According to Reuters, Peltz wants at least three seats on the soon to be 12-strong board. The ren…
·London, United Kingdom
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