Get the latest gossip
Prof. Ludwig Von Drake-Hosted Video Tells Disney Shareholders How To Vanquish Nelson Peltz
A Disney website, VoteDisney.com, features a video with Prof. Ludwig von Drake telling shareholders how to beat Nelson Peltz and keep the board intact.
Professor Ludwig von DrakeDisney Disney, assailed by activist investors, launched a new website today called VoteDisney with a video featuring Donald Duck’s uncle telling shareholders what to do to keep the company’s board of directors intact, and showing them how to do it. Trian group founder and CEO, activist investor Nelson Peltz, is going after Disney for real this year, putting himself and former Disney executive Jay Rasulo as alternate directors with a massive PR campaign through a Trian’s created website RestoreTheMagic.com. Another group called Blackwells Capital is also putting up a slate of three directors (Jessica Schell, Craig Hatkoff and Leah Solivan) but is anti-Peltz and generally more accommodating to Disney management.
Or read this on Deadline
