Blackwells Capital Says "Disney Has One Of The Most Attractive Portfolios Of Beloved Brands And Businesses"; Peltz And Trian "Need To Withdraw This Costly And Disruptive Effort To Displace Experienced Voices" In Disney Boardroom
Portfolio Pulse from Benzinga Newsdesk
Blackwells Capital opposes Nelson Peltz and Trian's attempt to join Disney's board, citing Disney's strong brand portfolio. Blackwells urges Peltz and Trian to withdraw their disruptive campaign.
November 30, 2023 | 9:31 pm
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POSITIVE IMPACT
Blackwells Capital's opposition to Nelson Peltz and Trian's board bid may reassure investors of Disney's current direction, potentially supporting the stock price.
Blackwells Capital's support for Disney's current board suggests confidence in the existing management and strategic direction, which could be viewed positively by investors. This endorsement may reduce the uncertainty surrounding the board dispute, potentially leading to a positive short-term impact on Disney's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80