Activist investor Nelson Peltz has sold his entire Disney stake, according to a source familiar with the matter. Peltz sold his position at a price of around $120 a share, which yielded a return of about $1 billion, the source said. The development, first reported by CNBC, comes after Disney successfully fended off Peltz in […]
Tag: Peltz
Donald Trump, Elon Musk, and Nelson Peltz met for breakfast, where they criticized Joe Biden and brought along their sons Barron, X, and Diesel
Elon Musk had breakfast with Donald Trump and Nelson Peltz in March, The Wall Street Journal reported. The men shared gripes about Joe Biden‘s performance as president and talked about voter fraud, . It’s one example of how much relations between Musk and Trump have warmed up. You can trace the warming relationship between former […]
Billionaire Nelson Peltz Has 50% of His Portfolio Invested in These 2 Growth Stocks
In this video, I will review Nelson Peltz’s Trian Fund Management portfolio and talk about the two stocks that comprise 50% of the portfolio. *Stock prices used were from the trading day of April 18, 2024. The video was published on April 19, 2024. Should you invest $1,000 in Walt Disney right now? Before you […]
Peltz loses at Disney but his investors win; changes may still be ahead
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Nelson Peltz lost but he also won. Hours after shareholders voted to keep the octogenarian hedge fund manager off the board at Walt Disney, ending the year’s most expensive and closely watched board room fight, there are few signs the defeat will hurt him or his business. […]
Elon Musk says he would ‘definitely’ buy Disney stock if investors elect Nelson Peltz to the board
Elon Musk, the world’s third-richest man, promised Disney shareholders he would dip into his vast wealth to buy up stock in the troubled entertainment giant if they voted hedge fund manager Nelson Peltz onto the board today. The activist investor is losing a bitterly fought proxy war with Bob Iger, whose decision to halt ad […]
Disney defeats activist investor Nelson Peltz in proxy fight
Disney (DIS) has successfully fended off activist investor Nelson Peltz in his quest to secure board seats at the company, officially ending a highly contested proxy battle that has plagued the entertainment giant and its CEO Bob Iger for months. The company revealed the news during its annual meeting of shareholders on Wednesday, confirming the […]
Disney CEO Bob Iger, Nelson Peltz enter final days of proxy fight — here’s what to know
Disney (DIS) activist investor Nelson Peltz has fought for a board shake-up at the company for months. Investors will soon find out if he won. The results of a shareholder vote to select board members are expected to be announced at the entertainment giant’s annual stockholders meeting on Wednesday, although it’s possible a last-minute deal […]
Investor Nelson Peltz blasts CEO Bob Iger in 133-page activist memo—To ‘restore the magic,’ Disney needs to scrap sequels and reclaim the lead on animated films
Activist investor Nelson Peltz published 133 pages worth of ideas on how to improve Disney, but it might take a little luck to convince shareholders at the company’s annual meeting next month that he and an ally should be added to the board. Peltz’s Trian Fund Management LP is one of two activist investors seeking […]