Disney Defends Decision to Deny Nelson Peltz Board Seat, Citing Lack of Experience and Skills – 24/7 Wall St.

Disney Defends Decision to Deny Nelson Peltz Board Seat, Citing Lack of Experience and Skills – 24/7 Wall St.

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On Tuesday, Walt Disney Co. (US:DIS) defended its decision to deny Nelson Peltz a board seat, saying the activist investor “lacked the skills and experience” to help the media and entertainment giant. In a letter to shareholders, the house of Mickey Mouse also underlined the company’s successes…

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