Home Uncategorized Disney Shareholders Stand Firm, Reelect Full Board Amid Battle with Billionaire Investor

Disney Shareholders Stand Firm, Reelect Full Board Amid Battle with Billionaire Investor

by Sonia Park
Disney Shareholders Stand Firm, Reelect Full Board Amid Battle with Billionaire Investor

In a decisive move, Disney shareholders have opted to maintain the status quo by reelecting the full board of directors, marking a significant victory against billionaire investor Nelson Peltz's efforts to shake up the entertainment giant. The vote, held on Wednesday, dealt a blow to Peltz and his ally, a former Disney CFO, who sought shareholder support to replace two current board members.

https://youtu.be/kQRhkttaNH0

Nelson Peltz's campaign aimed to bring about substantial changes within Disney, particularly in its film division and streaming platform Disney Plus. Peltz advocated for a. . .

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