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Disney Board Fight: Activist Investor Blackwells Slams Nelson Peltz’s Move to Enlist Support of Elon Musk, Suggests Real Estate Spin-Off
Blackwells Capital suggested Disney could spin off its real estate assets and criticized Trian's Peltz for soliciting Elon Musk's support.
Disney ‘s 2024 shareholders meeting will feature three rival slates of director nominees — and for now, in the lead-up to the vote it’s unclear whether the jockeying is just so much noise or will lead to real changes. The thee Blackwells nominees are: Jessica Schell, a former Warner Bros. and NBCUniversal exec; Tribeca Film Festival co-founder Craig Hatkoff; and TaskRabbit founder Leah Solivan. In addition to an approach of constructive collaboration, our three nominees will bring unique skills, expertise and perspectives to the Board that draw on a range of experiences that the future of Disney depends on.” The three Blackwells candidates will bring expertise in “media and content, real estate and asset optimization, and the proficiency to guide Disney through a new world where physical, spatial computing and AI-driven experiences converge,” Aintabi wrote.
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