Elon Musk’s attempt to defeat wokeness may not stop with the platform formerly known as Twitter. The Tesla CEO who bought the social media company, renamed it X, and rebranded it as the place to go for free speech, has had some tussles with Disney in the past, most memorably when he brought up var...
Read MoreNelson Peltz is done trying to save Disney. The investor who started a proxy war with Disney CEO Bob Iger to secure board seats for himself and former Disney CFO Jay Rasulo (which he lost), has sold all of his shares in Disney, which total $1 billion. CNBC says that Disney’s stock price is around ...
Read MoreIf it were put up for a vote, do you think the passengers aboard the Titanic would have voted for the iceberg? I think it’s possible. In today’s annual shareholder meeting, Disney CEO Bob Iger announced that he had won the proxy war instigated by Nelson Peltz that sought to get Peltz and Jay Ra...
Read MoreDisney has been put on notice. The legal organization America First Legal has written a letter to Disney – specifically to CEO Bob Iger and Chairman of the Board of Directors Mark G. Parker – outlining how it has failed to live up to its obligations to its shareholders by neglecting to disclose ...
Read MoreOne side of the Disney proxy war just stepped on a landmine he laid himself. Nelson Peltz, the investor trying to get a seat on the Disney board, gave an interview to the Financial Times (which is behind a particularly hefty paywall, but Variety has the details) where he questioned movies like Th...
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