Blackwells Capital Files Definitive Proxy Statement And Released Letter For Disney's 2024 Annual Meeting
Portfolio Pulse from Benzinga Newsdesk
Blackwells Capital has filed a definitive proxy statement and released a letter for Disney's 2024 Annual Meeting, urging shareholders to vote for their nominees Jessica Schell, Craig Hatkoff, and Leah Solivan using the GREEN Proxy Card. They also advise withholding votes from Trian nominees Peltz and Rasulo and to discard any BLUE Trian Proxy Cards received. Shareholders are invited to visit www.TheFutureOfDisney.com for more information on Blackwells' campaign.
February 06, 2024 | 1:18 pm
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NEUTRAL IMPACT
Blackwells Capital's campaign for Disney's 2024 Annual Meeting could influence the company's board composition and future direction.
The outcome of the proxy battle could have significant implications for Disney's strategic direction and governance. However, the impact on the stock price in the short term is uncertain, as it depends on the market's perception of the proposed board changes and their potential to enhance shareholder value.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 80