Hedge Fund Barington Urges Paramount to Scrap Talks With Skydance usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Hedge fund Barington
Capital on Friday urged Paramount Global to scrap its exclusive
merger talks with Skydance Media, arguing all shareholders would
benefit if the company looked at other potential.
Billionaire investor Nelson Peltz lost but he also won. Hours after shareholders voted to keep the octogenarian hedge fund manager off the board at Walt Disney, ending the year's most expensive and closely watched board room fight, there are few signs the defeat will hurt him or his business. "I don't think this means anything for Nelson Peltz," said Ken Squire, the founder of research firm 13D Monitor which tracks activists.
Exclusive-Disney Prevails Over Trian in Board Fight, Sources Say usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Walt Disney Co has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz s hedge fund Trian Fund Management, people familiar with the matter said on.