Disney Board Adopts New Rules for Nominating Directors in Wake of Nelson Peltz’s Announced Proxy Fight
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The same day activist investor Nelson Peltz announced he was launching a proxy campaign to get seats on Disney’s board of directors, the company adopted amended bylaws covering nominations of directors by outside parties.
Meanwhile, in a bid to win shareholder favor amid the brewing proxy battle, Disney separately Thursday announced a cash dividend of $0.30 per share, payable…
This story from variety.com was posted on 2023-12-01 by @frostspark.