Disney versus Nelson Peltz vote hinges on Vanguard, State Street, institutional investors
Publishing timestamp: 2024-04-02 12:34:21
Summary
Vanguard, State Street, and BlackRock are key voters in Disney's upcoming shareholder meeting. Nelson Peltz's Trian Partners is campaigning against the board backing Disney CEO Bob Iger. The institutional vote will be crucial, with Vanguard being the largest shareholder. Proxy advisory firms are split in their support, with ISS partially supporting Peltz and Glass Lewis supporting Iger and the existing board.
Sentiment: MIXED
Tickers: DD, DIS, BLK, TROW, STT,
Keywords: activism, breaking news, business news, t rowe price group inc, mergers and acquisitions, state street corp, business, walt disney co, bob iger, blackrock inc, dupont de nemours inc, nelson peltz, media, breaking news: business,