Activist ValueAct Backs Disney Board Slate With Information-Sharing Deal

Activist ValueAct Backs Disney Board Slate With Information-Sharing Deal

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Activist investor ValueAct reached a deal to back Walt Disney ’s slate of board nominees at the coming 2024 shareholder meeting, bolstering the company’s position as it looks to fight off a proxy battle with rival activist Nelson Peltz . Disney signed a confidentiality agreement allowing it to…

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