Tag: Trian Partners
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Activist Investor Nelson Peltz Accuses Disney of Throwing “Spaghetti Against The Wall” With Recent News Releases
Activist investor Nelson Peltz wants a seat on Disney’s Board of Directors. He also wants former Disney CFO Jay Rasulo to have one. With his Trian Partners, Peltz is pushing for just that. This last week it appeared that these efforts got quite a bit harder. With Disney announcing stronger than expected earnings coupled with…
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Ludwig Von Drake Enlisted to Assist Disney With Shareholder Proxy Fight
Disney has sent a video to preferred shareholders in which Ludwig Von Drake assists in telling shareholders how to vote. The video is cute, entertaining, and informative. It also arrives as Disney is fending off proxy battles with Trian Partners and Blackwells Capital. It comes ahead of the April 3 annual shareholder meeting. It also…
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Nelson Peltz Attacks Disney After Bid to Join Board is Rejected
After Disney rejected Nelson Peltz’s efforts to join the board (shareholders could still choose otherwise), the activist investor is lashing out at the company. Peltz said that the company is suffering from “self-inflicted wounds” and should be aiming for “Netflix-like margins.” On Thursday in a proxy statement, Peltz said that Disney needs an overhaul of…
