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Disney Shareholder Blackwells Capital Blasts Rival Nelson Peltz For Failing To Come Up With “A Single Strategic Idea That Would Benefit Shareholders”
Blackwells Capital, a Disney shareholder with plenty of opinions about who should sit on the company’s board of directors, blasted the rival Trian Group for its own board maneuvering. In a pr…
In a press release, Blackwells Chief Investment Officer Jason Aintabi said Trian co-founder Nelson Peltz has come up short in terms of suggestions for righting the media giant’s ship. Trian has also criticized the company’s stewardship of ESPN, the sports powerhouse that has steadily lost video subscribers and is seeking outside investors ahead of a leap into stand-alone streaming. Blackwells last Friday nominated three of its own candidates for Disney’s board: Tribeca Film Festival co-founder Craig Hatkoff; former major studio executive Jessica Schell; and Leah Solivan, former CEO of the tech firm TaskRabbit.
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