Disney Stock Needs a Lift. Activist Nelson Peltz Raises Stake, Seeks Board Seat.

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Disney Stock Needs a Lift. Activist Nelson Peltz Raises Stake, Seeks Board Seat.
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The activist investor is making a second push for a seat on the company's board after his Trian Fund Management increased its holding to more than $2.5 billion.

There’s another sequel in the works at Walt Disney but it’s not from Marvel. Activist investor Nelson Peltz is making a second push for a seat on the entertainment-and-media giant’s board.

The move signals a return to the offensive at Disney for Peltz, who first took aim at the company in January this year with criticism of its costs and a demand for a board seat.

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