Nelson Peltz is once again upping the pressure on embattled Club name Disney — a positive development given the company's poor performance since the return of CEO Bob Iger. Peltz's Trian Fund Management increased its stake in Disney to more than 30 million shares, worth about $2.5 billion, CNBC reported Monday . That's up from roughly 6.4 million shares at the end of the second quarter and makes the activist firm one of the largest shareholders in the entertainment giant.
Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023.Nelson Peltz is once again upping the pressure on embattled Club name
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