One of the most riveting pieces of entertainment coming out of Walt Disney Co. these days is its nail-biter of a proxy battle against activist investor Nelson Peltz’s Trian Partners LP.
Peltz would argue that that’s actually one of the many reasons that the media giant needs a shake up: After a string of box office flops, a streaming business that has yet to turn a profit and a bungled CEO succession, he says shareholders should add him and Trian’s other candidate, former Disney CFO Jay Rasulo, to the board.
One of the most riveting pieces of entertainment coming out of Walt Disney Co. these days is its nail-biter of a proxy battle against........