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Activist Investor Peltz Escalates Bid For Disney Board Seats

Disney Nelson Peltz Trian Trian Fund Management Walt Disney Co NYSE Zenger News

Amid a persistent decline in Walt Disney Co (NYSE:DIS) shares, activist investor Nelson Peltz is escalating his attempts to secure board seats at the company, insiders have disclosed. PHOTO BY SEIF/UNSPLASH

Amid a persistent decline in Walt Disney Co (NYSE:DIS) shares, activist investor Nelson Peltz is escalating his attempts to secure board seats at the company, insiders have disclosed.

Peltz’s firm, Trian Fund Management, which has become one of Disney’s most significant investors with a stake exceeding $2.5 billion, is pursuing multiple board positions, including one for Peltz, the Wall Street Journal reported, citing people familiar with the matter.

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