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Peltz's Trian sells out Disney stake after board fight, CNBC reports - Brand Wagon News

Peltz's Trian sells out Disney stake after board fight, CNBC reports - Brand Wagon News
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Peltz's Trian sells out Disney stake after board fight, CNBC reports

The hedge fund was Disney's fifth-biggest shareholder with a 1.77% stake as of March 31, according to LSEG data. It sold the stake at close to $120 per share, CNBC reported, adding that Peltz made about $1 billion. Trian declined to comment on the report, while Disney did not immediately respond to a Reuters request for comment. ....

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Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report

Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report
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Nelson Peltz sells his entire stake in Disney just weeks after the billionaire father-in-law of Brooklyn Beckham lost takeover battle with CEO Bog Iger

Billionaire Nelson Peltz s Trian Fund Management sold its entire stake in Disney after a boardroom clash. Last month, Disney shareholders supported CEO Bob Iger and the current board over Peltz. ....

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A new phase for the market

A new phase for the market
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