Disney Stock In Focus For April 3 Shareholder Meeting: Does Settlement With DeSantis, New 52-Week High Throw Cold Water On Nelson Peltz's Activist Battle?

Benzinga · Mar 30 00:00

Media giantWalt Disney Co(NYSE:DIS) saw its stock hit nine-year lows in August 2023.

Since that time, shares have rebounded and a key lingering negative item has been settled. With an activist battle ready to play out next week, here's a look at how recent wins by the company could minimize the potential for activist changes.

What Happened: Trian PartnersCEONelson Peltzhas been waging an activist battle on Disney that will be a major focus of next week's trading week, with Disney's shareholder meeting on April 3.

Peltz has nominated himself and another director...

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Disney Stock In Focus For April 3 Shareholder Meeting: Does Settlement With DeSantis, New 52-Week High Throw Cold Water On Nelson Peltz's Activist Battle?

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