Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuring

Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuring

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Nelson Peltz declared his proxy fight with Disney was over Thursday after the entertainment giant unveiled a vast restructuring plan, cost cuts and 7,000 layoffs. "Now Disney plans to do everything we wanted them to do," Peltz told Jim Cramer on CNBC's "Squawk on the Street" on Thursday. "We wish…

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