Disney paid shareholder ValueAct millions in fees as part of a prior relationship
Publishing timestamp: 2024-03-12 09:35:34
Summary
ValueAct managed Disney pension funds before backing the company in a proxy fight with Trian Partners. Blackwells raised questions about Disney's transparency regarding ValueAct's financial relationship with the company. The proxy fight between Disney and Trian has intensified, with Disney highlighting ValueAct's support while Blackwells questions the board's information sharing.
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Keywords: business, breaking news: business, walt disney co, entertainment, business news, mergers and acquisitions, breaking news, media, bob iger, activism,