Posts by Blackwells Capital
Disney Should Weigh Breakup, Property Spinoff, Activist Says
Blackwells Capital, an activist investor seeking three board seats at Walt Disney Co., called on the entertainment giant to consider spinning off its famed theme-park properties and splitting into three companies. The investment firm believes Disney’s real estate, centering on its park and hotel operations in Florida, is worth $77.5 billion, or 44% of the company’s…
Read MoreBlackwells Recommends its Disney Board Nominees, Suggests Potential Company Split
Feb 6 (Reuters) – Activist investor Blackwells Capital has urged Walt Disney (DIS.N), opens new tab shareholders to elect its three board candidates, arguing they would help drive growth, review real estate holdings and bring tech expertise. Its nominees could help Disney “explore all strategic possibilities with cold eyes” including a potential separation of the company into…
Read MoreBlackwells Pivots Disney Campaign After Rejection
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Read MoreBlackwells Capital Files Preliminary Proxy Statement for Disney’s 2024 Annual Meeting
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) — Blackwells Capital, a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSE:DIS) last week filed a preliminary proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its nomination of three highly qualified candidates – Jessica Schell, Craig Hatkoff and Leah Solivan –…
Read MoreBlackwells Capital Asks Disney to Meet With Activist Investor’s Board Nominees to ‘Promote Free-Flowing Exchange of Ideas’
Blackwells Capital is calling on Disney to meet with its three board nominees in an effort to “promote the free-flowing exchange of ideas that comes with constructive collaboration.” The activist investor, which filed a preliminary proxy statement with the U.S. Securities and Exchange Commission last week, has nominated former Warner Bros. and NBCUniversal executive Jessica…
Read MoreDisney Shareholder Blackwells Capital Blasts Rival Nelson Peltz For Failing To Come Up With “A Single Strategic Idea That Would Benefit Shareholders”
Blackwells Capital, a Disney shareholder with plenty of opinions about who should sit on the company’s board of directors, blasted the rival Trian Group for its own board maneuvering. In a press release Monday, Blackwells Chief Investment Officer Jason Aintabi said Trian co-founder Nelson Peltz has come up short in terms of suggesting ways for the media giant to right…
Read MoreBlackwells Criticizes Disney Rival Trian, Calls its Nominees the Only Qualified Candidates
Jan 22 (Reuters) – Hedge fund Blackwells criticized rival Walt Disney (DIS.N), opens new tab activist shareholder Trian Fund Management on Monday, saying the Nelson Peltz-led firm had “not offered a single strategic idea” to aid the entertainment giant’s turnaround, according to a press release shared with Reuters. “Astoundingly, Mr. Peltz recently claimed that he would like…
Read MoreBlackwells Capital Files Preliminary Proxy Statement for Disney’s 2024 Annual Meeting
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) — Blackwells Capital, a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSE:DIS) last week filed a preliminary proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its nomination of three highly qualified candidates – Jessica Schell, Craig Hatkoff and Leah Solivan –…
Read MoreIHS Tower Settles Dispute with Second-Largest Shareholder
On Tuesday, Nigeria-based cell tower operator IHS Holding Ltd and its second-largest shareholder, Wendel, announced that they have agreed on corporate governance issues. This includes a reduction in the ownership threshold, allowing investors to nominate directors. IHS is currently involved in a shareholder dispute with MTN Group, its largest shareholder holding a 26% stake, alongside…
Read MoreMTN Affiliate IHS Settles ShareholderGovernance Dispute
Africa-focused cellular tower operator IHS Holding and its second largest shareholder, Wendel, said on Tuesday that they have reached an agreement on corporate governance matters, including lowering the ownership threshold for investors to nominate directors. IHS is embroiled in a shareholder dispute with mobile operator MTN Group, its largest shareholder with a 26% stake, along with…
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