Todd Spangler NY Digital Editor The descendants of Walt Disney and his brother Roy O. Disney have weighed in on the bid by two activist investment firms to win seats on the board of the Walt Disney Co. Nelson Peltz, the activist investor who runs hedge fund Trian Partners, is waging a proxy-fight battle to install himself and ex-Disney CFO Jay Rasulo as directors; Peltz’s stated aim is to drive up the price of Disney’s stock.
Disney Plugs Earnings, ‘Fortnite’ & ‘Eras Tour’ Deals In Letter To Shareholders Amid Ongoing Proxy Fight
13.02.2024 - 00:11 / deadline.com
Disney touted its latest financials, a dividend hike and projects around sports, Fortnite and Taylor Swift as it urged stockholders to elect its board candidates at the upcoming annual meeting — not directors nominated by activist investors that it says will gum up the works as management
“successfully executes a strategic transformation of the company.”
“Disney’s Board of Directors urges shareholders to protect their investment and the future of the Company by voting the WHITE proxy card for only Disney’s 12 nominees and not the Trian Group or Blackwells nominees at the 2024 annual meeting” to be held virtually on April 3.
Trian is nominating its founder and CEO Nelson Peltz as well as former Disney executive Jay Rasulo to the board. Blackwells has three nominees. The number of directors is fixed at 12. Candidates with the most votes win.
Disney’s card of nominees is white. Trian’s card is blue. Blackwells’ is green.
“The Disney Board of Directors does not endorse the Trian Group nominees, Nelson Peltz and Jay Rasulo, or the Blackwells nominees, Craig Hatkoff, Jessica Schell and Leah Solivan, and believes that they do not possess the appropriate range of talent, skill, perspective and/or expertise to effectively support the Board’s ongoing efforts to drive profitable growth and shareholder value creation in the face of continuing, industry-wide challenges,” Disney said, repeating its mantra of recent months.
This time, however, it’s got something new to crow about. The stock closed today at over $109, up sharly from $90 at the start of the year.
“On February 7, 2024, we announced very strong results for the first quarter of FY24 – results that demonstrate we have entered a new era at Disney. Today, the Company is
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deadline.com
29.02.2024 / 23:55
Family Of Walt Disney Supports Bob Iger In Company’s Proxy Fight With “Hedge Fund-Backed Opportunists”
In two open letters to shareholders of the Walt Disney Co., grandchildren of Walt Disney and his brother Roy O. Disney came out in support of CEO Bob Iger and current management, which is being assailed by two investment firms trying to change the makeup of the company’s board.
manchestereveningnews.co.uk
28.02.2024 / 13:49
How to get Taylor Swift UK Eras Tour resale tickets after they sold out at 'record speeds'
Regardless of whether you're a casual Taylor Swift listener or a die-hard Swifty, the The Eras Tour is more than just a concert. Taylor Swift's global sell-out tour has become almost a pilgrimage for fans of the American pop superstar.
perezhilton.com
27.02.2024 / 04:05
Taylor Swift's Dad Scott Accused Of Assaulting Paparazzo After Sydney Eras Tour Run -- UPDATE
UPDATE 5:45 P.M. PST: Taylor’s team has released a statement on the alleged incident. According to their version of events, “Two individuals were aggressively pushing their way towards Taylor, grabbing at her security personnel, and threatening to throw a female staff member into the water.” Oof. Sounds scary.
perezhilton.com
27.02.2024 / 01:15
Taylor Swift Fans SHOCKED By Sabrina Carpenter's NSFW New Lyrics On Eras Tour!
Sabrina Carpenter has left Swifties lying on the cold hard ground after this NSFW lyric change!
justjared.com
26.02.2024 / 17:05
Taylor Swift Dispels Yellow Dress Fan Theory at Final Sydney 'Eras Tour' Show
Taylor Swift is continuing to keep Swifties guessing!
justjared.com
25.02.2024 / 07:39
Britney Spears Celebrates Janet Jackson Amid Ongoing Feud With Justin Timberlake
Britney Spears is showing love to another pop legend – Janet Jackson.
justjared.com
24.02.2024 / 19:51
Rebel Wilson, Kate Walsh, & More Stars Attend Taylor Swift's 'Eras Tour' Night Two Show in Sydney!
Taylor Swift is back on stage in Sydney!
justjared.com
24.02.2024 / 02:35
Travis Kelce's BFF Ross Travis Says He 'Understands' Hype Around Taylor Swift After Attending Eras Tour
Travis Kelce brought his best friend Ross Travis to the Eras Tour for night one in Sydney and now he finally understands the hype.
glamour.com
23.02.2024 / 20:14
Taylor Swift Fans Can't Get Over Katy Perry Singing Along to ‘Bad Blood’ at the Eras Tour
over backup dancers around 2012 has morphed into a beautiful friendship. Six years after sending a literal olive branch in 2018, attended the Eras Tour in Sydney, Australia as a VIP guest.
perezhilton.com
23.02.2024 / 18:17
Katy Perry Shows SO MUCH Love To Taylor Swift At Eras Tour In Sydney -- & Sings Along To Bad Blood!
All eyes had been on Travis Kelce as he ventured Down Under to watch Taylor Swift perform her Eras Tour shows in Sydney, Australia. But now he’s been relegated to the sidelines! Because we’ve got MAJOR Katy Perry updates for ya!!
perezhilton.com
23.02.2024 / 18:17
Taylor Swift Gushes Over Travis Kelce During Sydney Eras Tour -- Ending With A BIG Kiss!
Travis Kelce was once again a supportive AF boyfriend as he attended his first Australian Eras Tour show!
nypost.com
23.02.2024 / 17:13
Katy Perry dances to Taylor Swift’s dis track ‘Bad Blood’ at Eras Tour — snaps backstage reunion photo
was seen in the crowd during Taylor Swift’s Eras performance in Sydney, Australia, dancing to Swift’s song, “Bad Blood.” This was especially noteworthy because the general consensus is that “Bad Blood” is a dis track that Swift, 34, wrote about Perry, 39. “Bad Blood” was released in 2014, at the height of the pop stars’ alleged feud.
justjared.com
23.02.2024 / 17:01
Taylor Swift Kisses Travis Kelce, Shows Him Love Onstage During 'Eras Tour' Show in Sydney
Travis Kelce had to be feeling the love when he attended Taylor Swift‘s Eras Tour in Sydney, Australia on Friday (February 23).
justjared.com
23.02.2024 / 14:39
Travis Kelce, Katy Perry, & More Stars Attend Taylor Swift's 'Eras Tour' Night One Show in Sydney!
Taylor Swift is taking over Sydney!
justjared.com
23.02.2024 / 03:07
Taylor Swift's Songs Not Yet Performed as Surprise Songs on Eras Tour (Plus Her Big Rule Change)
Taylor Swift performs two surprise songs for the acoustic set during every show of her Eras Tour and she has already performed a ton of incredible tracks across the first year of her tour.
ok.co.uk
20.02.2024 / 10:35
You can shop Taylor Swift's exact Eras tour false lashes for £17
Taylor Swift’s Eras tour continues is one of the biggest shows of all time, and the singer has been turning out look after look for each performance. Although we’re loving her series of sparkly bodysuits and floor length gowns that she’s been wearing on stage, we’re just as obsessed with her bold beauty look, which is why we made it our mission to find out exactly which products she’s been using.
justjared.com
20.02.2024 / 00:39
Taylor Swift Wears Tributes to Travis Kelce While They're Separated Amid Her 'Eras Tour'
Taylor Swift is keeping Travis Kelce close to her in spirit while they’re separated amid her Eras Tour.
deadline.com
19.02.2024 / 14:51
Taylor Swift Adds Repeat To Eras Tour Song Cycle
Taylor Swift is relaxing the “surprise song” rule of her Eras Tour music roster, the superstar announced during a Melbourne concert yesterday. Repeats will be allowed.
perezhilton.com
17.02.2024 / 23:51
16-Year-Old Taylor Swift Fan Killed In Car Crash While Heading To Eras Tour Show In Melbourne
This is heartbreaking. A 16-year-old was killed in a car accident while on the way to Taylor Swift’s Eras Tour concert in Australia.