Disney shareholders voted down a bid by hedge fund Trian Partners to put two activist investors on the board to help boost the company's stock price.
Disney's annual shareholder meeting on Wednesday brought a victory for the company's board nominees including CEO Bob Iger after a months-long proxy battle with activist investors and offered key details on the entertainment giant's streaming strategy and parks segment.
Disney wins battle against activist investors in proxy fight biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Deadline deadline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deadline.com Daily Mail and Mail on Sunday newspapers.
Trian Comments on Preliminary Results of Disney Annual Meeting streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.