Read the Disney-DeSantis settlement agreement.
The DeSantis-selected district board had sued the company in state court to challenge their validity.
No corporation should be its own government.
Mickey Mouse, Disney World and Gov. Ron DeSantisGetty Images
DeSantis said later today that he was vindicated in the moves he made.
Thats why renewed peace in Southern Florida is a coup for Disney at a contentious time.
The final tallies and the shape of Disneys board will be revealed April 3.
The stock has risen.
Trian has a litany of complaints about the company and the board, which it says badly needs accountability.
Both sides have their backers.
Peltzs candidacy has support from the biggest proxy advisory firm, ISS.
Another big advisor, Glass Lewis, backed Disneys slate.
These firms are influential since they recommend how shareholders should vote.
Thats because DeSantissettled a lawsuitearlier this month that clarifies a narrower scope of the measure.
Jill Goldsmith contributed to this report.
