Today news
About the same in other media
Walt Disney, ValueAct enter deal to consult activist investor on strategy
Reading now: 638
(Reuters) -Walt Disney and ValueAct Capital Management have entered a deal to consult the activist investor on strategic matters through meetings with the entertainment giant's board and management.
San Francisco-based ValueAct, well known for working collaboratively with target companies, had built a large stake in Walt Disney (NYSE:DIS) late last year, sources told Reuters in November.
Its exact stake in the company could not be immediately determined.
ValueAct said it will support the Disney board's recommended nominees for election to the company's board at the 2024 annual shareholder meeting.
Read more on investing.comAbout this in other media
Karnataka Bank and Clix Capital enter into a Co-Lending partnership livemint.com /10 months ago
Aviva Investors adds manager to UK Equity Income fund investmentweek.co.uk /10 months ago
Why activist investors are set to pull back on ESG campaigns investmentnews.com /10 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
