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Re: Disney gets backing of largest shareholder to pull ahead of Nelson Peltz s Trian in fierce battle for board seats: report

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 03 Apr 24 8:02 PM | 15 view(s)
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Msg. 52718 of 54959
(This msg. is a reply to 52714 by clo2)

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It's a strange feature of US politics that it matters what billionaires think.

Thank you, SCOTUS. [Sarcastic music plays in background]

Evn if the US thinks it is a democracy, it's really an oligarchy. Pols suck up to rich people and do their bidding. And that means low taxes and poor public services.




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Disney gets backing of largest shareholder to pull ahead of Nelson Peltz’s Trian in fierce battle for board seats: report
By: clo2
in ALEA
Wed, 03 Apr 24 11:17 AM
Msg. 52714 of 54959

Good news, while Peltz had said after 1/6 he was done with Trump, he has since changed his mind...

Disney gets backing of largest shareholder to pull ahead of Nelson Peltz’s Trian in fierce battle for board seats: report

Disney CEO Bob Iger appears to have the upper hand in his effort to stave off a proxy battle from activist investor Nelson Peltz’s Trian Partners.

With the votes of more than half of all shares counted before Wednesday’s stockholders meeting, Disney has pulled ahead of Trian thanks to the backing of asset management giants Vanguard, BlackRock and T. Rowe, according to a Reuters report.

more:
http://nypost.com/2024/04/02/business/disney-pulling-ahead-of-nelson-peltzs-trian-in-proxy-vote-report/


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