Tag: Nelson Peltz
Nelson Peltz Sells Disney Shares
Nelson Peltz is done trying to save Disney. The investor who started a proxy war with Disney CEO Bob Iger to secure board seats for himself and former Disney CFO Jay Rasulo (which he lost), has sold all of his shares in Disney, which total $1 billion. CNBC says that Disney’s stock price is around ...
Read MoreBob Iger Wins Disney Proxy War
If it were put up for a vote, do you think the passengers aboard the Titanic would have voted for the iceberg? I think it’s possible. In today’s annual shareholder meeting, Disney CEO Bob Iger announced that he had won the proxy war instigated by Nelson Peltz that sought to get Peltz and Jay Ra...
Read MoreHow Much Money Did Indiana Jones 5 Lose, and What Does it Mean for Disney?
Have you been wondering exactly how much money Indiana Jones and the Dial Destiny cost Disney? Well, Forbes has a number for you – not an exact number because it doesn’t include the marketing budget, but this one is big enough to illustrate how disastrous the movie was. The fifth Indy flick co...
Read MoreAmerica First Legal Letter Outlines Disney’s Woke Agenda
Disney has been put on notice. The legal organization America First Legal has written a letter to Disney – specifically to CEO Bob Iger and Chairman of the Board of Directors Mark G. Parker – outlining how it has failed to live up to its obligations to its shareholders by neglecting to disclose ...
Read MoreNelson Peltz Fumbles his Disney Proxy War with Marvel Comments
One side of the Disney proxy war just stepped on a landmine he laid himself. Nelson Peltz, the investor trying to get a seat on the Disney board, gave an interview to the Financial Times (which is behind a particularly hefty paywall, but Variety has the details) where he questioned movies like Th...
Read MoreGeorge Lucas Backs Bob Iger in Disney Proxy War
George Lucas is throwing in with the Empire. Disney CEO Bob Iger is currently engaged in a “proxy fight” with Nelson Peltz, an investor who is trying to get Disney shareholders to vote him onto the Disney board so he can increase his influence over the company. Now, George Lucas – the largest ...
Read More
