Activist Investor Nelson Peltz Sells Entire Disney Stake For $1B After Losing Proxy Battle from uax stock price Watch Video

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✓ Published: 30-May-2024
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The sale follows a recent proxy battle loss for Peltz’s Trian Partners in early April, where Disney shareholders re-elected the company’s full board slate. Peltz had aimed to join the board alongside former Disney CFO Jay Rasulo, CNBC reported on Wednesday.

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