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A $3 billion bet on Walt Disney by Nelson Peltz’s Trian Fund Management was largely responsible for the investment management firm’s underperformance last year compared to its activist hedge fund…
Activist investor Nelson Peltz. David A. Grogan | CNBC Disney and its investors are going to start hearing a lot from activist investor Nelson Peltz. In the coming weeks, Peltz’s…
A ‘now hiring’ sign outside of a Wendy’s on October 08, 2021 in Miami, Florida. Joe Raedle | Getty Images Wendy’s has tapped PepsiCo veteran Kirk Tanner as its new…
Walt Disney said Tuesday it “does not endorse” the candidates nominated by activist shareholders in a preliminary proxy filed with the Securities and Exchange Commission. Disney Chief Executive Bob Iger,…
Marvel Entertainment’s former chairman Isaac “Ike” Perlmutter said Wednesday he will hold on to his Disney shares, a week after reports of his termination from the role. Reuters reported last…
Walt Disney CEO Bob Iger on Wednesday announced a sweeping corporate restructuring that will result in 7,000 people losing their jobs as part of an effort to achieve $5.5 billion…
Walt Disney CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since the return of the executive who…
Nelson Peltz David A. Grogan | CNBC Disney ripped Nelson Peltz and his bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his…
In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in premarket trading. Disney…
Activist investor Nelson Peltz on Wednesday was gearing up for a proxy fight with Walt Disney after the entertainment giant snubbed his bid for a board seat. It is the…