Billionaire Nelson Peltz Sells Full Disney Stake After Losing Proxy Battle forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
After a proxy battle with Disney, shareholders reelected Disney's slate of board nominees; now, Peltz has apparently sold off his entire stake in the company.
CNBC Daily Open: Dow drops, Nvidia can't save Nasdaq nbclosangeles.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbclosangeles.com Daily Mail and Mail on Sunday newspapers.
The activist investor, who waged a battle against CEO Bob Iger and the media company's board of directors, in large part because of the company's flagging stock price, has sold his entire stake at a hefty profit.