Overview

• Peltz's Trian Fund Management sold Disney shares at $120 each, netting $1 billion.
• The proxy battle was one of the most expensive in history, costing an estimated $70 million.
• Disney shareholders overwhelmingly supported CEO Bob Iger and the current board.
• Peltz criticized Disney's streaming losses, stock performance, and CEO succession plans.
• Despite the sale, Disney's stock has risen 12% since the beginning of the year.