Disney comes out victorious in proxy battle with Nelson Peltz

Yahoo Finance Video
85,378 次觀看・7 個月前

The highly anticipated resolution to the ongoing proxy battle between activist investor Nelson Peltz and the Walt Disney Company (DIS) has been reached. Shareholders have cast their votes, siding with Disney and allowing the company's incumbent board of directors members to retain their positions. The stock is trading lower on the news.

Yahoo Finance's Alexandra Canal breaks down the details, providing insights into what this will mean for the media company and its leadership moving forward.

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Editor's note: This article was written by Angel Smith