Get the latest gossip
Family Of Walt Disney Supports Bob Iger In Company’s Proxy Fight With “Hedge Fund-Backed Opportunists”
Grandchildren of Walt Disney and his brother Roy O. Disney said they back Bob Iger as the company wages a bitter proxy fight with two investment firms.
And it takes a special group of leaders with a deep respect and understanding for this tradition to develop the kinds of incredible experiences – whether in a theme park, at a movie theatre, or in your own home – that touch people’s hearts. “We’re old enough to remember the bitter episode four decades ago when another corporate raider, Saul Steinberg — who, as it so happens, was good friends with one of the current activists, Nelson Peltz — launched a hostile takeover attempt of Disney and threatened to break apart the company. Bob Iger has grown this company in a modern world, and he continues to maintain a balance of creativity and profit.
Or read this on Deadline
