Posts by Blackwells Capital
Disney Paid Shareholder ValueAct Millions in Fees as Part of a Prior Relationship
Activist investor Blackwells said Monday that Disney’s board had not disclosed that shareholder ValueAct Capital had a financial relationship with the entertainment company, raising questions about the board’s information sharing amid a multi-party proxy fight. Mason Morfit and his $12 billion investment firm ValueAct were heralded as “constructive” shareholders by Disney CEO Bob Iger in January, when the company secured ValueAct’s backing…
Read MoreActivist Blackwells Says Strategy, Transparency Issues Hampering Disney
Blackwells Says Disney Failed to Disclose ValueAct’s Past Money Management Role
Blackwells Questions Disney on ValueAct Pension Management Role
Blackwells Capital Reveals Failure by the Disney Board to Disclose…
NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) — Blackwells Capital LLC (together with its affiliates, “Blackwells” or “we”) today issued a letter to fellow shareholders regarding the need for boardroom enhancement at The Walt Disney Company (NYSE: DIS). READ MORE >>
Read MoreLetter to Braemar on Blackwells Director Nominations
March 10, 2024 The Board of Directors of Braemar Hotels & Resorts Inc. 14185 Dallas Parkway, Suite 1200 Dallas, Texas 75254 Dear Members of the Board of Directors: Today, Blackwells Capital LLC (“Blackwells”), submitted a notice of director nominations and business proposals in connection with the 2024 annual meeting of shareholders of Braemar Hotels &…
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