Trian presses Disney to replace board member Michael Froman with Nelson Peltz

Trian presses Disney to replace board member Michael Froman with Nelson Peltz

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The proxy battle between Disney and activist investment firm Trian Management LP is heating up ahead of the company's annual shareholder meeting. Earlier in January Trian went public with its fight for a seat on the board, taking issue with Disney's $71 billion acquisition of Fox in 2019, board…

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