Nelson Peltz

Disney says Peltz ‘oblivious’ to media industry developments as board battle looms

Disney has reiterated its opposition to activist investor Nelson Peltz’s attempt to secure a seat on the company’s board in a letter to shareholders made public in its latest Securities and Exchange Commission filing. Outlining its board’s reasoning in deciding not to recommend Peltz, Disney said that the latter and his Trian Group representatives “had […]

Disney set for battle as activist investor Peltz asks for seat on board

The Walt Disney Company is setting itself up to fight activist investor Nelson Peltz after calling on shareholders to reject his move to gain a seat on the company’s board. Peltz’s Trian Fund Management nominated the billionaire investor for election as director in opposition to the nominees recommended by the board, and brought a proposal […]