: Activist investor Nelson Peltz seeks seats on Disney board

Activist investor Nelson Peltz and his firm, Trian Fund Management, are seeking seats on Walt Disney Co.’s DIS board in the latest episode of his proxy fight. Trian Fund Management said Thursday it “intends to take our case for change directly to shareholders.” Trian Fund Management claims Disney shareholders have lost about $70 billion in value since the activist ended its first campaign in February. Disney Chief Executive Bob Iger has stressed in recent weeks that he is transitioning from...