Disney prevails over Trian in board struggle

Enterprise & Finance
03 April 2024, 2:06 am 1 minute
Reuters completely reported that Walt Disney Co secured sufficient shareholder votes to defeat a problem in opposition to its board mounted by Nelson Peltz’s hedge fund Trian Fund Administration.
Market Impression
Over the previous couple of months, Disney unveiled a string of adjustments because it sought to win again traders’ confidence, together with a splashy funding in “Fortnite” maker Epic Video games and refreshing its board with two new members.
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Subjects of Curiosity: Enterprise & Finance
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Areas: Americas
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