Disney wins proxy fight vs activists
NEW YORK CITY: Disney’s leadership prevailed on Wednesday in a high-profile and costly proxy contest against activist investors who had sought to shake up the company’s board over concerns about successorship planning. The entertainment giant said its full slate of 12 company nominees had been reelected by a “substantial margin,” turning back efforts by Trian […]
Tomas Kauer - News Moderator 
NEW YORK CITY: Disney’s leadership prevailed on Wednesday in a high-profile and costly proxy contest against activist investors who had sought to shake up the company’s board over concerns about successorship planning.
The entertainment giant said its full slate of 12 company nominees had been reelected by a “substantial margin,” turning back efforts by Trian Fund Management and Blackwells Capital.
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