Posts by Blackwells Capital
Blackwells Disney Contest Could ‘Muddy Waters’ for Trian
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Read MoreSchell, Craig Hatkoff and Leah Solivan for Election to the Board of Disney
NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) — Blackwells Capital, a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSE:DIS) today announced that it has nominated three highly qualified candidates – Jessica Schell, Craig Hatkoff and Leah Solivan – for election to the board of directors of Disney (the “Board”) at the Company’s…
Read MoreDisney Inks Deal With ValueAct, Gains Backing of Blackwells Capital Amid Peltz Board Battle
Disney and CEO Bob Iger secured new support from activist investor ValueAct Capital in the company’s proxy fight with Nelson Peltz. The Mouse House also got an unsolicited vote of confidence, in a roundabout way, from Blackwells Capital, which said it is nominating three candidates to the board to rival those picked by Peltz’s Trian Fund Management in a looming…
Read MoreDisney Says Blackwells Capital to Nominate Three People to Board at 2024 Annual Meeting
Walt Disney Co. said Wednesday that Blackwells Capital LLC has informed the company it plans to nominate three individuals for election to Disney’s board at its 2024 annual shareholder meeting. Disney DIS, -2.68% said that it has an “experienced, diverse, and highly qualified” board as it works on its transformation but that it would evaluate the proposed nominees…
Read MoreDisney wins ValueAct, Blackwells Backing in BoardroomFight with Trian
Jan 3 (Reuters) – Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co (DIS.N), opens new tab as it defends itself against a board challenge from a third activist investor, Trian Fund Management. The unusual twist in the battle for Disney’s board underscores the high stakes in the company’s attempted…
Read MoreIHS Tower Offers MTN Nigeria Improved Terms to Counter Deal with American Tower
IHS Holding has proposed improved commercial terms to MTN Nigeria for leasing back 2,500 towers previously lost to American Tower Corporation (ATC). The aim according to the company is to avert any network disruptions in Africa’s most populous country. The Chairman and CEO of IHS Towers Sam Darwish, said the towers represent a minor portion…
Read MoreIHS Seeks to Scupper Rival’s Deal on MTN Nigeria Towers
JOHANNESBURG, Dec 7 (Reuters) – IHS Holding has offered improved commercial terms to MTN Nigeria (MTNN.LG), opens new tab for the lease of 2,500 towers it lost to American Tower Corporation (ATC) (AMT.N), opens new tab, saying the move would prevent network disruption in Africa’s most populous country. MTN Nigeria, owned by South Africa’s MTN Group (MTNJ.J), opens new…
Read MoreFellow Activist Tells Peltz to End Disney Contest
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Read MoreBlackwells Capital Calls on Trian to End its Misguided and “Ego-Driven” Campaign to Seek Board Representation at Disney
Blackwells Capital Urges Nelson Peltz to End ‘Ego-Driven’ Campaign for Disney Board Seats
Blackwells Capital is calling on activist investor and Trian Fund Management founder Nelson Peltz to end his renewed push for multiple seats on Disney’s board. The firm, which has been a Disney shareholder since 2018, expressed concern in a statement on Thursday that Trian’s campaign “prioritizes Mr. Peltz’s ego over what is best for all Disney shareholders,”…
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