(Bloomberg) Blackwells Capital contends that Walt Disney Co. should have disclosed that ValueAct Capital Management was managing some of its pension fund assets, stirring tensions between the two activist investment firms as they pursue different agendas at the entertainment giant. Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapTech CEOs Are Addicted to Taking Needless RisksChina Has Never Ca
Walt Disney Co. is overhauling some of the leadership at its troubled movie division, replacing an executive who oversaw a string of disappointments with the head of Searchlight Pictures, the art-house film unit behind such critical successes as Poor Things.
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