Posted 2/29/2024, 11:34:59 PM
Disney Grandchildren Back Iger in Board Battle Against Activist Investor Peltz
- Walt Disney and Roy Disney's grandchildren voice support for Bob Iger in board seat battle against Nelson Peltz
- Letters sent to shareholders from both sets of grandchildren, including past Iger critic Abigail Disney
- Grandchildren say Iger upholds company's "magic" while calling Peltz a "wolf in sheep's clothing"
- Walt Disney's grandchildren say Iger grew company in modern world while maintaining creativity and profit
- Peltz pushes back, saying Trian helps companies like Disney grow and thrive for the long term