Nelson Peltz’s proxy fight at Disney had the potential to aid his hedge fund after a tumultuous stretch, however, the failure to secure two seats on its board could make a comeback even harder, Cara Lombardo and Lauren Thomas of The Wall Street Journal reports. Trian Partners had been grappling with lackluster returns and the departure of one of its founders. Further, the firm’s money under management ended last year at its lowest point since 2012.
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