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Disney Tells Shareholders The Company Is Better Off “With Bob Iger At The Helm” In Response To Nelson Peltz’s “Spaghetti-Against-The-Wall” Slam – Update
Activist Disney investor Nelson Peltz, whose Trian Capital blasted the company's spree of announcements timed to its earnings report last week as "spaghetti against the wall."
Activist Disney investor Nelson Peltz, whose Trian Capital is at war with CEO Bob Iger, blasted the company’s spree of announcements timed to its earnings report last week as “spaghetti against the wall.” He also guaranteed victory in the proxy fight. Perhaps not coincidentally, as the Trian letter was hitting the wire, Disney announced Fantastic Four casting and release date news, which immediately became a trending topic on social media. According to Trian, the initiative “lacks a product roadmap or expected return targets.” In a similar fashion, Disney’s joint sports streaming venture with Fox and Warner Bros.
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