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Disney prevails over Trian in board fight | Reuters…
Business & Finance
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