Peltz's Trian up 3% this year even as Disney bet soured
© Reuters. The main gate at The Walt Disney Studios the day after the Writers Guild of America announced it reached a preliminary labor agreement with major studios in Burbank, California, U.S., September 25, 2023. REUTERS/Mario Anzuoni
Disney's stock price has tumbled roughly 30% since February, when Peltz ended a battle for a board seat but kept Trian invested in the stock.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Disney has been tearing itself apart to appease an activist investor. - The VergeHe has not been appeased. At least according to this story from the Wall Street Journal. Nelson Peltz’s Trian Fund Management has an enormous stake in Disney, and to keep Peltz appeased, Disney has done a lot this year, including looking into selling ABC and big chunks of its business in India, finding a “strategic partner” for ESPN, and folding Hulu into Disney Plus. But unfortunately, Disney’s stock price, much like my entire retirement portfolio, has not been doing great this year. So Peltz i
Les mer »
Billionaire Nelson Peltz renews push for seats on Disney board as stock slumpsNelson Peltz, the billionaire founding partner behind Trian Fund Management, reportedly wants multiple board seats at Walt Disney — including one for himself — after his fund upped its …
Les mer »
Nelson Peltz increases Disney stake, reignites potential proxy battleNelson Peltz’s activist firm Trian has upped its stake in Disney, and plans to push for multiple board seats, according to people familiar with the…
Les mer »