This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Maybe I’m going to tell you something here you already know, but it warrants repeating. I do not think the majority of public company corporate boards, C-suites, investor relations departments, and other related
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