Disney Faces Proxy Battle Amid Calls for Board Reorganization

Blackwells Capital and Nelson Peltz's Trian Partners challenge Disney's board, proposing strategic changes to enhance shareholder value.

Blackwells Capital officially challenges Disney, proposing three new board nominees to unlock shareholder value.
Disney counters activist investors with a video featuring Professor Ludwig Von Drake, urging shareholders to vote for its preferred board members.
Nelson Peltz and Trian Partners also vie for board seats, criticizing Disney's performance and proposing strategic changes.
Blackwells suggests significant company transformations, including spinning off real estate into a REIT and investing in virtual reality.
Disney's annual shareholder meeting set for April 3, with all parties intensifying their campaigns.