"Disney's Strategy for Defeating Activist Investors, Explained by Prof. Ludwig Von Drake"
TL;DR
Disney launches a website called VoteDisney with a video featuring Professor Ludwig Von Drake, instructing shareholders to vote for the company's board nominees using the white proxy card and not for the Trian group or Blackwell's nominees. Activist investor Nelson Peltz is campaigning to replace two Disney directors with himself and former Disney executive Jay Rasulo, while another group called Blackwells Capital is also putting up a slate of directors. Shareholders are urged to discard blue and green proxy cards and submit their votes by April 2, with Disney reporting its latest quarterly earnings this Wednesday.
- Prof. Ludwig Von Drake-Hosted Video Tells Disney Shareholders How To Vanquish Nelson Peltz Deadline
- Disney Enlists Prof. Ludwig Von Drake to Help Fend Off Activist Investors Hollywood Reporter
- Who's Who in the Battle Over Disney's Board The Wall Street Journal
- Disney’s board urges shareholders to reject activist investors attempting to join board MarketWatch
- Highlights Strength of its Highly Qualified Board and Clear Strategy to Deliver Growth and Shareholder Value - The Walt Disney Company The Walt Disney Company
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