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Disney says investor seeking board seat ‘does not understand’ company

Por: The Boston Globe Business January 18, 2023

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Robert A. Iger is coming out swinging.Iger, CEO of The Walt Disney Co., counterattacked activist investor Nelson Peltz on Tuesday in a securities filing and aggressively defended his track record with acquisitions, especially the 2019 purchase of 21st Century Fox assets for $71.3 billion. Peltz started a proxy battle last week to put himself on the Disney board, saying that it was a “company in crisis” and urgently needed shaking... + full article



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