DIS - Nelson Peltz Reflects On Disney Proxy Battle's Aftermath: 'I Was Very Surprised' | Benzinga
During an interview on CNBC with Jim Cramer on Thursday, Nelson Peltz, the activist investor, corrected misconceptions regarding his financial gain from a proxy battle with Walt Disney Co (NYSE:DIS).
Initially reported as a $300 million “consolation prize” by various media outlets, Peltz said the actual figure far exceeds that, hinting at a $1 billion gain.
Peltz stressed the responsibility he bears towards his investors. “The fact is that we have an obligation to our investors, okay. We have to make returns through our investments,” he said. This commitment extends ...