The Walt Disney Company's board of directors is actively encouraging shareholders to reject the nominations of activist investors, including Nelson Peltz. In a unique approach to its proxy battle, Disney has produced a video featuring the character Professor Ludwig Von Drake, an animated duck who is also Donald Duck's uncle, to persuade shareholders to vote in favor of Disney's board nominees over those suggested by Trian and Blackwells. This unusual strategy highlights Disney's creative use of its intellectual property in corporate governance matters.
Prof. Ludwig Von Drake-Hosted Video Tells Disney Shareholders How To Vanquish Nelson Peltz https://t.co/lxpqjUpQm6
Last week, Disney made a video of Ludwig von Drake, Donald Duck's uncle, to urge shareholders to vote for Disney's board and not for the Trian or Blackwells nominees. Probably the only company in the world that can fight a proxy battle with a 1960s cartoon https://t.co/aynxSsmlXQ
Disney board bake-off will burn Nelson Peltz - @jennifersaba - https://t.co/AlJtJd8HFU https://t.co/NcJ0xtAsxy
Disney Enlists Prof. Ludwig Von Drake to Help Fend Off Activist Investors https://t.co/xbQF6zrq4n
Disney board urges shareholders to rebuff activists https://t.co/28gmlrOc7g