Tag: Peltzs

Peltz’s Trian sells out Disney stake after board fight, CNBC reports

(Reuters) -Billionaire Nelson Peltz’s Trian Fund Management has sold its entire stake in Walt Disney after a boardroom battle with the media giant, CNBC news reported on Wednesday, citing a person familiar with the matter. The hedge fund was Disney’s fifth-biggest shareholder with a 1.77% stake as of March 31, according to LSEG data. It […]