Disney expected to win boardroom showdown against activist investor

Disney expected to win boardroom showdown against activist investor

CEO Bob Iger due to address shareholders event as company said to have enough votes to defeat Nelson Peltz campaign

Disney is expected to win a boardroom showdown today, seeing off a bid by one of corporate America’s most renowned activist investors to overhaul its management.

The entertainment giant is said to have secured enough votes to defeat a campaign launched by the billionaire Nelson Peltz, who has spent months demanding change at the Magic Kingdom and excoriating its top executives.

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