Disney Pushes Back Against Activist Investor’s Quest for Board Seat
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Mr. Peltz, 80, has repeatedly criticized Mr. Iger for orchestrating Disney’s $71.3 billion acquisition of 21st Century Fox assets in 2019. That acquisition, along with the pandemic, loaded Disney with some $45 billion in debt. Mr. Peltz has said that Disney drastically overpaid. The deal, though,…
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