Disney (DIS) and its CEO Bob Iger may be riding high following a proxy battle win against activist investor Nelson Peltz last week. But its board now faces an even higher-stakes challenge: figuring out who will be the entertainment giant’s next leader. “That is the million-dollar question,” Third Bridge analyst Jamie Lumley told Yahoo Finance.
Walt Disney Co. (DIS) activist investor Nelson Peltz has fought for a board shake-up at the company for months. Investors will soon find out if he won. The results of a shareholder vote to select board members are expected to be announced at the entertainment giant’s annual stockholders meeting on Wednesday. Voting officially closes the
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment conglomerate, with more than half of all shares voted before the company’s annual meeting on Wednesday. T. Rowe, which owns roughly 11.7 million