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New York City Retirement Systems Back Disney Board In Bitter Proxy Fight
The New York City Retirement Systems are in Disney's corner in the company's bitter proxy fight with activist investor Nelson Peltz.
EXCLUSIVE: The New York City Retirement Systems are in Disney ‘s corner amid bitter proxy fight with activist investor Nelson Peltz. Disney’s management and board are focused on a strategic transformation, and as shareholders we believe that they should be given the time to execute on this,” NYC Comptroller Brad Lander said in a statement to Deadline. A Disney filing titled “Oh, Nelson, Part II” says the company’s “performance has driven its 46% share price gain, not Peltz,” with graphics.
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