Business & Finance

Disney prevails over Trian in board fight

03 April 2024, 2:06 am 1 minute

Reuters exclusively reported that Walt Disney Co secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz’s hedge fund Trian Fund Management.

Market Impact

Over the last few months, Disney unveiled a string of changes as it sought to win back investors’ confidence, including a splashy investment in “Fortnite” maker Epic Games and refreshing its board with two new members.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & FinanceTravel & Leisure

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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