Blackwells Capital Says Nelson Peltz Is Not The Change Disney's Board Needs
Portfolio Pulse from Benzinga Newsdesk
Blackwells Capital criticizes Nelson Peltz's candidacy for Disney's board, advocating instead for their own nominees Jessica Schell, Craig Hatkoff, and Leah Solivan. They encourage Disney shareholders to vote using the Green Proxy Card.
March 25, 2024 | 11:33 am
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Blackwells Capital's opposition to Nelson Peltz and promotion of their own nominees could influence Disney's board composition and future direction.
The push by Blackwells Capital against Nelson Peltz and for their own nominees may lead to changes in Disney's board composition, potentially affecting the company's strategic decisions and governance. However, the outcome depends on shareholder votes, making the short-term impact on the stock price uncertain.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90