Billionaire activist Nelson Peltz has formalized his pitch to Disney investors, seeking a revamp of oversight and strategy at the media and entertainment giant. Trian Fund Management, led by Peltz, sent a proposal after months of public sparring. Deutsche Bank reiterated its buy rating on Disney, maintaining unchanged estimates for operating income. Meanwhile, activist investor Blackwells Capital is seeking three board seats at Disney and suggested the consideration of spinning off theme-park properties and splitting into three companies.
Blackwells Capital, an activist investor seeking three board seats at Disney, called on the entertainment giant to consider spinning off its theme-park properties and splitting into three companies https://t.co/nPWVEXPQT5
Disney Board Fight: Activist Investor Blackwells Suggests Real Estate Spin-Off, Slams Nelson Peltz's Move to Enlist Support of Elon Musk https://t.co/gIymSQnpTa
$DIS Deutsche Bank reiterates Disney as buy Deutsche said it’s sticking with its buy rating on Disney heading into earnings on Wednesday. “Our estimates, at a Consolidated OI [operating income] level, are essentially unchanged for F1Q, F2Q, and F4Q; while F3Q is 4% below our…
DISNEY $DIS: Activist Nelson Peltz has formalized his pitch to Disney investors to back his bid for a revamp of oversight and strategy at the media and entertainment giant. After months of public sparring with Disney, Peltz’s Trian Fund Management on Thursday sent a… https://t.co/YbktCB8F62
Billionaire activist Nelson Peltz has enshrined his pitch to Disney investors to back his bid for a revamp of oversight and strategy at the media and entertainment giant https://t.co/E82waLaUy2