Disney Tells Shareholders The Company Is Better Off “With Bob Iger At The Helm” In Response To Nelson Peltz’s “Spaghetti-Against-The-Wall” Slam – Update
He also guaranteed victory in the proxy fight. Earlier this week,it sent its own communiqueto shareholders, touting the earnings and other activities. Trian is seeking to have Peltz and former Disney CFO Jay Rasulo elected to the companys board of directors. Trian Fund Management, which is engaged in a proxy fight with Disney, depicted what it called the media company’s “spaghetti-against-the-wall” approach in a cartoon accompanying a recent letter to shareholders....