Disney ($DIS) and the state of Florida have settled a long-standing special tax district litigation. The California Public Employees Retirement System (CalPERS) voted for activist investor Nelson Peltz and Jay Rasulo in a boardroom battle at Walt Disney Company.
Pension Fund CalPERS Votes for Nelson Peltz and Jay Rasulo in Disney Board Battle: Report https://t.co/htXnJfZ1Ac
Investors will soon learn whether Peltz has succeeded in his push to shake up Disney's board. The results of a shareholder vote to select board members are expected to be announced at the entertainment giant's annual stockholders meeting on Wednesday. https://t.co/KcGrwNdolM
The California Public Employees Retirement System (CalPERS) said the U.S. pension fund has voted to elect activist investor Nelson Peltz and Jay Rasulo to to the board of Walt Disney Company, Reuters reported Friday. https://t.co/QQPpKbtsvO