Disney shares are trading higher Monday amid reports of the company engaging former executives Kevin Mayer and Tom Staggs as advisors to deal with the company's legacy television businesses, including ESPN.
Portfolio Pulse from Benzinga Newsdesk
Disney has reportedly engaged former executives Kevin Mayer and Tom Staggs as advisors to deal with the company's legacy television businesses, including ESPN. This has led to a rise in Disney's share prices.
July 31, 2023 | 5:04 pm
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Disney's decision to engage former executives as advisors for its legacy television businesses has led to an increase in its share prices.
The engagement of former executives Kevin Mayer and Tom Staggs as advisors is seen as a positive move by the market, leading to an increase in Disney's share prices. This indicates investor confidence in the company's strategy to deal with its legacy television businesses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100