Trian Issues Statement Regarding The Walt Disney Company Board
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November 30, 2023 11:40 AM EST
Activist investor Nelson Peltz's Trian Fund Management said Thursday that Walt Disney (NYSE: DIS) has turned down their request for Board representation.
Trian owns approximately $3 billion worth of Walt Disney Company shares. It revealed that following conversations with Disney's CEO, the company extended an offer to Trian to meet... More
November 30, 2023 11:33 AM EST
The Walt Disney Company (NYSE: DIS) issued the following statement today in response to the statement released by Nelson Peltz, founding partner of Trian, relating to Disney and its Board of Directors:
The Walt Disney Company has a proven track record of delivering long-term value to our shareholders and is in the midst of a significant transformation to reinforce our position as the worlds preeminent entertainment company. Over the past twelve months, we restructured the company to restore creativity to the center of all our businesses as we significantly... More
