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home / news releases / WBD - Disney Proxy Vote: The Court Is Now In Session For Shareholders

WBD - Disney Proxy Vote: The Court Is Now In Session For Shareholders

Warner Bros. Discovery Inc.

2024-02-12 10:32:07 ET

Summary

  • The Walt Disney Company holders will be subject to a proxy fight between management and the dissident Trian Group led by Nelson Peltz.
  • Media/entertainment associates believe the Trian case is strong, but management is expected to prevail due to a "too big to fail" attitude.
  • Both sides have not presented strong cases, leading to a potential hung jury verdict. Disney shares may rise regardless of the outcome.

Above: All that remains of him is a statue per se, but is he content or as some assert, spinning in his cryogenic grave? ...

For further details see:

Disney Proxy Vote: The Court Is Now In Session For Shareholders
Stock Information
Company Name: Warner Bros. Discovery Inc.
Stock Symbol: WBD
Market: NASDAQ
Website: corporate.discovery.com
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