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Activist investor Nelson Peltz boosts Disney stake, seeks board seats

by Index Investing News
October 9, 2023
in Markets
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© Reuters. FILE PHOTO: A vehicle drives through the main gate at The Walt Disney Studios the day after the Writers Guild of America (WGA) announced it reached a preliminary labor agreement with major studios in Burbank, California, U.S., September 25, 2023. REUTERS/

(Reuters) – Activist investor Nelson Peltz’s Trian Fund Management has accumulated a stake worth more than $2.5 billion and is planning a fresh push for board seats at Disney, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

(This story has been refiled to correct the spelling of Nelson Peltz in paragraph 1)



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