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Disney Wins Board Battle Against Hedge Funds, Nelson Peltz
[ad_1] Hedge fund investors who sought seats on Disney’s board have been defeated. Disney secured enough votes from shareholders at its annual meeting on Wednesday to win a high-profile board fight against 81-year-old billionaire Nelson Peltz, founder and CEO of Trian Fund Management, and Jay Rasulo, the former chief financial officer of Disney. Disney’s 12…
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