Wall Street is fond of Disney's kitchen-sink quarter, but Nelson Peltz says he isn't backing down
Disney shares jumped after announcements meant to excite investors. Activist investor Nelson Peltz tells CNBC he is pushing forward with a proxy fight. Disney's kitchen-sink quarter was a big success for the company, but the stock market loves it. Peltzman says he isn't backing down and is pushing for a fight.
Disney shares jumped after announcements meant to excite investors. Activist investor Nelson Peltz tells CNBC he is pushing forward with a proxy fight. Disney's kitchen-sink quarter was a big success for the company, but the stock market loves it. Peltzman says he isn't backing down and is pushing for a fight.
Trian Fund Management will amp up its case to get Nelson Peltz and Jay Rasulo elected to the Disney board in the coming months. Trian fund manager says he's looking to get the two men elected as Disney directors. Peltzman: "I'm not going to be surprised if they're going to get me to the board"
Trian Fund Management will amp up its case to get Nelson Peltz and Jay Rasulo elected to the Disney board in the coming months. Trian fund manager says he's looking to get the two men elected as Disney directors. Peltzman: "I'm not going to be surprised if they're going to get me to the board"
The proxy battle comes as CEO Bob Iger tries to streamline the sprawling media company. Peltz says he wants to rein in spending and make its Disney+ streaming platform profitable. The fight comes as Iger is trying to make Disney+ a profitable streaming platform.
The proxy battle comes as CEO Bob Iger tries to streamline the sprawling media company. Peltz says he wants to rein in spending and make its Disney+ streaming platform profitable. The fight comes as Iger is trying to make Disney+ a profitable streaming platform.
Activist investor Nelson Peltz blasts Disney's board after it called on shareholders to reject his bid for a seat. Disney's Disney board has'self-inflicted' wounds, he says. Activist says Disney board is'selfish' and'self destructible'