Disney expected to win boardroom showdown against activist investor

over 1 year in The guardian

CEO Bob Iger due to address shareholders event as company said to have enough votes to defeat Nelson Peltz campaignDisney is expected to win a boardroom showdown today, seeing off a bid by one of corporate America’s most renowned activist investors to overhaul its management.The entertainment giant is said to have secured enough votes to defeat a campaign launched by the billionaire Nelson Peltz, who has spent months demanding change at the Magic Kingdom and excoriating its top executives. Continue reading...

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