Disney Prevails Over Peltz, Ending Bitter Board Battle ...Middle East

Times of San Diego - News
Disney Prevails Over Peltz, Ending Bitter Board Battle
FILE PHOTO: Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016. REUTERS/Mike Blake/File Photo Walt Disney shareholders backed Chief Executive Bob Iger and other company directors on Wednesday, defeating a campaign by activist investors who argued the storied entertainment giant had underperformed in the streaming-television era.The vote to re-elect all 12 of Disney’s current board members, announced at the company’s annual shareholder meeting, ended a multimillion-dollar, mud-slinging battle launched by billionaire Nelson Peltz and Blackwells Capital. “With the distracting proxy contest now behind

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