Disney says activist investor Nelson Peltz lacks ‘skills and experience’ to help business

Disney says activist investor Nelson Peltz lacks ‘skills and experience’ to help business

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Walt Disney Co DIS-N defended its decision on Tuesday to deny a board seat to Nelson Peltz, saying the activist investor “lacked the skills and experience” to help the entertainment giant in its business. Last week, Peltz formally launched a battle for a board seat at Disney to rescue the company…

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