Trian Capital Exits Disney Holding Amid Boardroom Dispute: CNBC Report
Wednesday, 29 May 2024, 19:36
Trian Capital Sells Disney Stake Amid Boardroom Turmoil
Trian Capital, headed by Nelson Peltz, has made a significant decision to sell off its entire holding in Disney after facing a prolonged boardroom clash. The move is expected to have implications for both Trian Capital's investment portfolio and the market dynamics surrounding Disney.
Key Points:
- Divestment Decision: Trian Capital chooses to exit Disney stake post board dispute.
- Market Sentiment: Market implications anticipated due to the capital outflow.
- Long-standing Conflict: Dispute with Disney board cited as primary reason for the sell-off.
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