“Disruptive and destructive.” That is how Disney has referred to the activist investors who are pushing for seats on its board and influence over its strategy. In return, the activists have called Disney “stupid” and mocked its purported turnaround as “a fanciful tale.” Which side will prevail? One of the largest, priciest and nastiest proxy […]
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Gavin Doyle used allowance money in 2009, when he was 11, to buy a few shares of Disney stock. They cost $31 apiece. He now owns a little over 400 shares — barely enough to be a speck of dust in the Disney investor galaxy. But the entertainment company, which has 1.8 billion shares outstanding, […]
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At age 81, with over four decades of dealmaking and corporate cage-rattling under his belt, Nelson Peltz would seem to have pretty much everything. He’s a billionaire. Until the hedge fund billionaire Ken Griffin came to Palm Beach, Fla., Mr. Peltz had the largest property tax bill in town, with an oceanfront estate estimated to […]
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