
As the PR war between Disney and Nelson Peltz's Trian Partners intensifies ahead of the upcoming shareholder meeting on April 3, proxy voting advisor Glass Lewis has thrown its support behind Disney and CEO Bob Iger in their fight for control of the Hollywood studio.
In a report released on Monday, Glass Lewis recommended that Disney's shareholders vote for the studio's proposed boardroom nominees and 'withhold' on the board nominees put forward by Trian Partners and Blackwells.