Disney Shares Dip After Nelson Peltz Sells Stake Following Proxy Battle
The Walt Disney Company saw its stock dip nearly 2 percent early Thursday after billionaire Nelson Peltz sold his stake in the company following his unsuccessful proxy battle.
The Walt Disney Company saw its stock dip nearly 2 percent early Thursday after billionaire Nelson Peltz sold his stake in the company following his unsuccessful proxy battle.
Bill Ackman is calling on the Securities and Exchange Commission to initiate an investigation into the Walt Disney Company’s proxy battle following leaks to the media claiming that Disney was headed for a victory over activist investor Nelson Peltz.
The lead-up to the Walt Disney Company’s annual shareholders meeting on Wednesday is offering more hype and genuine drama than any of the studio’s woke movies that have bombed at the box office.
Billionaire Disney investor Nelson Peltz is planning to back former President Donald Trump’s bid to retake the White House in November, saying that Biden has a “really scary mental condition.”