Walt Disney (DIS) and ValueAct Capital Enter Into Information-sharing Arrangement

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Go back to Walt Disney (DIS) and ValueAct Capital Enter Into Information-sharing Arrangement

The Walt Disney Company and ValueAct Capital Enter Into Information-sharing Arrangement to Facilitate Strategic Consultation During Company’s Transformation

January 3, 2024 6:00 AM EST

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BURBANK, Calif. & SAN FRANCISCO--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) and ValueAct Capital Management, L.P. have entered into a confidentiality agreement that enables the company to provide information to the investment firm and consult with ValueAct on strategic matters, including through meetings with the Disney Board and management.

ValueAct has extensive experience investing in media and technology companies navigating significant business transformations, including Spotify, The New York Times, 21st Century Fox,... More