Nike Inc.

Disney rips Peltz overboard, defends Iger acquisitions

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Disney rips Peltz overboard, defends Iger acquisitions

Nelson Peltz David A Grogan | CNBC disney tore Nelson Peltz and his bid for a board seat on Tuesday as the entertainment giant’s proxy battle with the investor and his activist company, Trian Fund Management, takes shape. Disney said in a securities filing on Tuesday that its board of directors is where it needs … Read more

Disney appoints Mark Parker chairman, opposes pressure from Nelson Peltz to join board

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Disney appoints Mark Parker chairman, opposes pressure from Nelson Peltz to join board

Mark Parker Chris Ratcliffe | Bloomberg | Getty Images The Walt Disney Company Wednesday named Mark Parker, the executive chairman of Nikehis next chairman of the board, while announcing that he opposes activist investor Nelson Peltz’s bid to join the board. Disney’s announcements signal a potentially big and messy fight. Nearly two months ago, Peltz’s … Read more