Billionaire Activist Investor Renews Push for Disney Board Seats Amid Stock Slump and Company Struggles

Nelson Peltz has quadrupled his stake in Disney to over $2.5 billion and is seeking multiple board seats, including one for himself.
Disney's stock price has dropped significantly, reaching a 9-year low, due to streaming losses, box office flops, and debt from acquisitions.
Peltz previously criticized Disney's succession planning, compensation, and lack of focus before withdrawing his board nomination in February.
Disney CEO Bob Iger has considered asset sales and strategic partners to turn around performance and address Peltz's demands.
Analysts are divided on whether Peltz can provide necessary reforms or if his involvement will only create more upheaval.