Blackwells Capital says that Mason Morfit’s ValueAct has collected $95 million in fees to manage Disney pension funds prior to backing management.
ValueAct managed more than $355 million in Disney pension funds that the company's board did not disclose while heralding the investment firms support, a rival activist has said.
U.S. curbs on China to rise as ‘decoupling is really in full force,' expert warns, amid possible TikTok ban When Peltz began to re-amass a stake, Disney's share price had fallen dramatically from 2021 highs to trade at levels not seen since 2014. Disney has repeatedly voiced its support for Iger and has highlighted that its directors have experience overseeing successful succession planning.In proxy filings, Disney has also said that the company is executing on a plan to invest in its experiences and streaming businesses.