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Blackwells Pivots Disney Campaign After Rejection
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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…
Read MoreAfrica-Focused IHS Settles with Second-Largest Shareholder Wendel
JOHANNESBURG, Jan 16 (Reuters) – Africa-focused cell tower operator IHS Holding Ltd and its second largest shareholder Wendel said on Tuesday 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 (MTNJ.J), opens new tab,…
Read MoreBlackwells Disney Contest Could ‘Muddy Waters’ for Trian
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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…
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