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Disney activist investor Nelson Peltz revives proxy fight after stock slump

Por: Los Angeles Times Business October 09, 2023

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Billionaire activist investor Nelson Peltz is reviving his proxy campaign with Walt Disney Co., after his hedge fund Trian Fund Management increased its stake in the Burbank entertainment giant, which continues to see its stock struggle. Trian has boosted its stake in Disney to about 30 million shares, valued at roughly $2.5 billion, according to people familiar with the matter who were not authorized to comment, making Trian one of the... + full article



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