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Nelson Peltz Warns He’ll Be Back If Disney Fails to Keep Its ‘Promises,’ Suggests His Firm Has Made About $1 Billion on Its Investment in the Company
Trian Partners founder Nelson Peltz has accepted defeat -- for now.
Peltz, a day after the activist investor lost a costly proxy battle with Disney, went on CNBC’s “Squawk on the Street,” Thursday to discuss what happened. “The fact is, when we walked out of the meetings with the index funds, I thought all three of them were very good,” Peltz said, referring to Vanguard, BlackRock and State Street. At the start of the interview, Peltz thanked “all the shareholders who voted” for Trian’s proposals as well as “my family and my beautiful wife, Claudia, for putting up with me through all of these campaigns.
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