Previous close | 63.65 |
Open | 63.80 |
Bid | 50.65 |
Ask | 54.60 |
Strike | 175.00 |
Expiry date | 2025-01-17 |
Day's range | 63.65 - 63.80 |
Contract range | N/A |
Volume | |
Open interest | 2 |
Blackwells Capital upped the pressure on Walt Disney in a long-running boardroom battle by suing the entertainment giant on Thursday for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital. The suit, filed in a Delaware court, is the latest chapter in a fight over who will sit on Disney's board and help guide the home of Mickey Mouse in business and personnel decisions. Blackwells and another hedge fund, Trian Fund Management, are trying to persuade investors to elect their director candidates while Disney is backing its own directors.
NEW YORK (Reuters) -Blackwells Capital upped the pressure on Walt Disney in a long-running boardroom battle by suing the entertainment giant on Thursday for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital. The suit, filed in a Delaware court, is the latest chapter in a fight over who will sit on Disney's board and help guide the home of Mickey Mouse in business and personnel decisions. Blackwells and another hedge fund, Trian Fund Management, are trying to persuade investors to elect their director candidates while Disney is backing its own directors.
The New York City Retirement System plans to vote in support Walt Disney CEO Bob Iger and the company's board, rejecting the nominees of two hedge funds, including Nelson Peltz's Trian, in a bruising boardroom battle. The retirement system, a Disney shareholder, said the entertainment giant should get more time to achieve the strategic transformation it is working on with its Chief Executive Officer Bob Iger. Shareholders will vote next week on who should sit on the company's board, and Disney and the two hedge funds are making final appeals to investors for their votes.