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Nelzon Peltz and Trian dropped their proxy fight against Walt Disney Co. (DIS) following Disney’s cost cutting, reorg, and board appointments.
Amidst a proxy fight with Trian, Walt Disney Co. (DIS) announced that it will cut ~7k jobs as part of a $5.5B cost savings plan.
It was a slower month to kick off the year for SPACs. In what stands to be a pivotal year for the future of the market, we recap January.
Fedex Corp. (FDX) announced it would be laying off ~10% of its corporate workforce and Ryan McInerney officially takes over at Visa (V).
Campbell Soup (CPB) announces a new CFO, DeSPACs are back in action and the rest of the Boardroom Alpha digest.
Activist investor has taken a multi-billion dollar position in Salesforce Inc. (CRM) and the rest of today’s digest.
Reed Hastings has stepped down as Co-CEO of Netflix (NFLX), Trian continues to fight Disney (DIS), and Flotek (FTK) CEO is out.
Disney (DIS) is ramping up its defense against Trian and Nelson Peltz, and the IPO market has kicked off with two new issues.
Nelson Peltz’s Trian is gearing up for a proxy fight against Walt Disney Co. (DIS) who named Mark Parker as chairman.
Former DeSPAC Wejo Group Ltd. (WEJO) is set to merge with another SPAC and Frank D’Amelio joins the board of Pfizer (PFE)