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Disney Skewers Nelson Peltz As Lacking “Skills And Experience To Assist Board”; Reveals Marvel Chair Isaac Perlmuttter Backed Activist Investor
Disney came out swinging Tuesday against Trian Partners and owner Nelson Peltz, the activist investor who’s pushing a proxy fight to take a seat on Disney’s board. “The current board is the right board for Disney shareholders,” the company said in a filing today with the SEC. “Nelson Peltz does not understand Disney’s business and lacks the skills and experience to assist the board in delivering shareholder value in a rapidly shifting media ecosystem.”
