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Pension Fund Calpers Backs Nelson Peltz in Proxy Fight

Around 100 hours before the deadline for all Disney shareholders to cast their ballots in the acrid board clash between the Mouse House and activist investor Nelson Peltz, one of the country’s top pension funds just rolled its cannons onto the battlefield. With 6.7...

Bob Iger And Disney Get Backing In Proxy Battle From Ex-CEO Michael Eisner

Disney and its current CEO, Bob Iger, have secured the backing of Iger’s onetime boss, former Chairman and CEO Michael Eisner. In a statement posted to social media, Eisner didn’t name Nelson Peltz, whose Trian Fund Management is mounting an offensive to win two...