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Nelson Peltz ends Disney proxy fight after Bob Iger announces dramatic changes, layoffs

Por: Los Angeles Times Business February 09, 2023

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Billionaire activist investor Nelson Peltz on Thursday ended his proxy fight with Walt Disney Co. after Chief Executive Bob Iger announced details of a major restructuring and cost-cutting program, including 7,000 job cuts. “Now Disney plans to do everything we wanted them to do,” Peltz told Jim Cramer on CNBC. “We wish the very best to Bob, this management team and the board. We will be watching. We will be rooting.” “The proxy fight... + full article



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