ValueAct

Disney Activist Investor Blackwells Sues The Company Ahead Of Shareholder Meeting

by

Activist Disney investor Blackwells Capital is suing the media giant over what it sees as an inappropriately cozy relationship with another shareholder, ValueAct Capital. In the lawsuit filed Thursday in Delaware Chancery Court (read it here), Blackwells lays out concerns about whether ValueAct has been paid to take a pro-Disney position in a brewing proxy … Read more

Disney Gains Board Nominee Support From Activist Investor ValueAct – Deadline

by

The Walt Disney Company has struck an agreement with ValueAct Capital Management, gaining the support of the activist investor for its board nominees at the crucial upcoming annual meeting. According to Disney, the confidentiality pact will “facilitate strategic consultation during [the] company’s transformation.” It also allows Disney to “provide information to the investment firm and … Read more