Nelson Peltz’s Trian Fund Management and the smaller Blackwells Capital are going toe-to-toe with Disney to gain a spot on its board and challenge the strategy of CEO Bob Iger, which is expected to be the most expensive shareholder fight, Lauren Thomas of The Wall Street Journal report. All three parties could spend north of $70M ahead of the shareholder vote on April 3. Each is already spending on marketing materials, social-media blitzes, and the services of proxy solicitors.
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