Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuring

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Description: Nelson Peltz declared his proxy fight with Disney was over Thursday after the entertainment giant unveiled a vast restructuring plan, cost cuts and 7,000 layoffs.

Source: CNBC.com – video report

Date: Feb 09, 2023

Link: https://www.cnbc.com/2023/02/09/activist-investor-nelson-peltz-declares-disney-proxy-fight-is-over-after-iger-unveils-restructuring.html

Questions for discussion:

  • Summarize the results of this settlement.
  • How will this affect management decision-making and planning in the future?