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Mar 21 2024
News
Disney's defensive strategy in the most expensive proxy battle in history
The Walt Disney Co. and Trian Partners, led by Nelson Peltz, are currently in the midst of the most expensive proxy battle in history.
Why it matters: Disney is pulling every communications lever to fight off Peltz ahead of the April 3 shareholder meeting.
Between the lines: Disney must cast a wider than normal communications net because of the enormous amount of retail investors
AxiosApr 02 2024
News
Disney Winning Proxy Fight Against Trian With More Than Half of Votes Cast
Walt Disney has pulled ahead in its proxy battle against Nelson Peltz’s Trian Partners with more than half of all shares voted, according to people familiar with the matter.
BlackRock, Disney’s second-largest shareholder, is among the major investors backing Disney, the people said. The money manager owns around 78 million Disney shares, giving it a 4.2% stake worth around $9.5 billion
Wall Street Journal (News)Mar 19 2024
News
Tennessee's 'Pretty Trap' and 'Interior: Panic' plus a touch of Disney
A new theatrical troupe takes to the stage in concert with the Tennessee Williams & New Orleans Literary Festival to present a duo of his one-act plays with ties to two of his greatest successes. The Fire Weeds, a professional company, will present "The Pretty Trap" and "Interior: Panic" at Big Couch New Orleans, 1045 Desire St. opening Thursday at 7:30 p.m. and running through March 30. "
The Times-PicayuneApr 04 2024
News
Disney's Iger says Peltz proxy battle was a 'distraction,' board is focused on picking his successor
Bob Iger, chief executive officer of The Walt Disney Co., attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Tuesday, July 11, 2023. Nelson Peltz's proxy battle was a "distraction," and Disney can now focus on trying to turn a streaming profit and planning succession, its CEO Bob Iger said on CNBC's "Squawk on the Street" on Thursday, just one day after
CNBCMar 21 2024
News
ISS endorses activist Peltz for Disney board in bitter proxy fight
In a blow to Walt Disney (DIS.N), opens new tab, activist Nelson Peltz received a powerful endorsement in his battle against the entertainment conglomerate on Thursday, when proxy advisory firm Institutional Shareholder Services (ISS) recommended shareholders elect him to the board.
ISS, whose recommendations can sway hundreds of investors' votes, said Peltz, a large Disney shareholder
ReutersApr 03 2024
News
Elon Musk promises to 'definitely' buy Disney stock if investors elect Nelson Peltz to the board
Elon Musk, the world’s third richest man, promised Disney shareholders he would dip into his vast wealth to buy up stock in the troubled entertainment giant if they voted hedge fund manager Nelson Peltz onto the board today. The activist investor is losing a bitterly-fought proxy war with Bob Iger, whose decision to halt ad spending on X threatened to bankrupt Musk’s social media company. The
FortuneMar 14 2024
News
'Disney on Ice' is in town and two of their stars are answering 7 Questions with Emmy
Every week I’m interviewing fascinating people in our community, nation and around the world. ‘Disney on Ice: Mickey’s Search Party’ is in Idaho Falls this week and I’m chatting with two of the star performers! Benjamin Toedte is a live host of the show and Sarah Rose plays Tinkerbell. I was able to chat with them after they warmed up on the ice. Here’s what I asked: • How did you get your job
East Idaho NewsMar 13 2024
News
Disney imagineer lives dream by bringing Princess Tiana to life
FESTIVAL FEATURES 3D DISPLAYS JUST LIKE THIS ONE, HIGHLIGHTING BELOVED ANIMALS AND DISNEY CHARACTERS FOR WOMEN’S HISTORY MONTH, WESH 2 NEWS CHRISTINA WATKINS TALKED TO A SENIOR PRODUCTION DESIGNER ABOUT LIVING HER DREAM AS AN ARTIST AND BRINGING PRINCESS TIANA TO LIFE AT TWO DISNEY PARKS. I’VE BEEN AN ARTIST PRETTY MUCH AS LONG AS I CAN REMEMBER. SINCE I WAS A LITTLE KID, ART HAS ALWAYS BEEN A
WESH 2Mar 24 2024
News
Massachusetts woman wins $1M on scratch ticket, plans to go to Disney World
DORCHESTER, Mass. — A Massachusetts woman says she plans to buy a new car and take her kids to Disney World after winning $1 million. Lisa Smith of Northbridge played the “$2,000,000 50X Cashword” $10 instant ticket game and won big, lottery officials said. Smith opted to receive her prize in the form of a one-time payment of $650,000 (before taxes). Smith purchased her winning ticket at
Boston 25 NewsApr 03 2024
News
Disney's Bob Iger triumphs over Nelson Peltz in bitter shareholder vote. But big challenges remain
The Walt Disney Co. fought off a bruising challenge from billionaire investor Nelson Peltz as shareholders delivered their support for chief executive Bob Iger and the company’s nominated board members. In Disney’s most consequential board election in 20 years, Peltz fell short in his long-shot bid to wrangle a seat on the board, the Burbank company announced Wednesday during its annual
Los Angeles Times