New York Times (April 4)
The importance of “a robust defense” is one clear takeaway from Disney’s success against activist investor Nelson Peltz. “Executives, led by the Disney C.E.O. Bob Iger, mapped out a series of bold initiatives last autumn, in part to blunt Peltz’s calls for change…. That included cost-cutting efforts, an investment in the video game giant Epic Games and a shake-up in the struggling movie division.”
Tags: Activist investor, Bold initiatives, Cost cutting, Disney, Epic Games, Iger, Investment, Movie division, Peltz, Robust defense, Shake-up, Struggling, Takeaway, Video game
Financial Times (August 6)
Sony’s polite “rebuff of activist investor Loeb is hardly a surprise…. Daniel Loeb has joined the long line of activist investors rebuffed by Japanese companies.”
Tags: Activist investor, Daniel Loeb, Japan, Japanese companies, Rebuff, Sony
