Disney Heirs Unite Against Activist Investor Peltz, Back CEO Iger
• Walt and Roy Disney's 9 grandchildren publicly support CEO Bob Iger and the Disney board against activist investor Nelson Peltz
• The heirs called Peltz and other activist investors "wolves in sheep's clothing" that must be defeated
• Disney shares are up 23% in 2023 but still below 2021 levels
• Peltz's investment firm Trian says it wants to help Disney "grow and thrive for the long term"
• The dispute centers on Peltz waging a proxy fight for board seats against the wishes of the Disney family