Latest in Nelson Peltz

Disney CEO Bob Iger on Thursday called Marvel chairman Isaac Perlmutter's backing of activist investor Nelson Peltz "a curious dynamic.” Peltz, of Trian Group, this morning abandoned his battle with Disney that featured a push for a seat on the board. He said a wide-ranging corporate restructuring…

Disney has offiically responded to news this morning that Nelson Peltz and his Trian Fund are no longer trying to crash its board. The activist investor broke the news earlier this morning on CNBC that he has dropped his proxy battle and wishes the company and its CEO Bob Iger the best. Related…

Activist investor Nelson Peltz said Thursday morning that he’s ending his proxy fight against Disney after CEO Bob Iger announced sweeping restructuring and cost-cutting plans yesterday alongside the company’s latest quarterly earnings. Peltz had amassed a stake of about $1 billion worth of stock and…

The Walt Disney Company will be laying off thousands of employees as a part of a new round of cost cutting measures, CEO Bob Iger revealed today. Speaking on the House of Mouse’s Q1 earning call this afternoon with CFO Christine McCarthy, Iger said that 7,000 jobs would be let go from the now…

Disney has finally unveiled the date for its annual meeting of shareholders, a virtual event to be held at 10 a.m. PT on Monday, April 3. It’s been a hotly awaited bit of information amid a flurry of SEC filings as activist investor Nelson Peltz of Trian Group is looking for a seat on the board in op…

With Nelson Peltz angling for a seat on Disney’s board, the company on Thursday blasted the activist investor, his firm Trian Group, and his son, Matthew Peltz, whom Trian is proposing as a possible alternate candidate. Related Story Disney Proxy Battle: Who Is Nelson Peltz And Why Does…

Disney came out swinging Tuesday against Trian Partners and owner Nelson Peltz, the activist investor who's pushing a proxy fight to take a seat on Disney's board. "The current board is the right board for Disney shareholders," the company said in a filing today with the SEC. "Nelson Peltz does not…

Nelson Peltz’s broadside against the Walt Disney Co., and the prospect of a rare proxy fight at the media giant, stunned media circles this week — and a flurry of SEC filings over the past few days suggest plenty more fireworks to come. Related Story Bob Iger’s Christmas Carol & The Ghost…