-
Nelson Peltz's Trian Fund Management Reshaped Portfolio Ahead Of Presidential Election
Thursday, November 14, 2024 - 6:56pm | 585Trian Fund Management, the hedge fund led by Nelson Peltz, disclosed substantial portfolio changes in its third-quarter 13F filing, making notable exits from major companies before the 2024 U.S. presidential election. What Happened: The fund sold off its entire stakes in GE HealthCare Technologies...
-
Disney Still Makes Up A Chunk Of Peltz's Trian Fund Despite $4B Exit, Records Show
Thursday, August 15, 2024 - 4:25pm | 574Trian Fund Management, an activist investor hedge fund co-founded by billionaire Nelson Peltz, still owns a piece of Walt Disney Company (NYSE:DIS) after reportedly selling its entire position in late May, according to regulatory filings. A quarterly 13-F report filed with the Securities and...
-
The Rich Get Richer: How One Billionaire Lost But Still Made Hundreds Of Millions
Thursday, May 30, 2024 - 2:43pm | 430No one likes to lose. But if losing means making around $1 billion in the process, I'd take it. Nelson Peltz, the activist investor behind Trian Fund Management, upped his stake in Walt Disney Co (NYSE:DIS) last October. By the end of 2023, he owned more than 1% of the company. Peltz used his...
-
Disney Board Emerges Victorious In Shareholder Vote, Beats Trian And Blackwells Nominees: Shares Slide Below $120
Wednesday, April 3, 2024 - 2:58pm | 593The Walt Disney Company (NYSE:DIS) announced a resounding victory against activist investors Wednesday at its annual meeting. The company’s entire slate of 12 directors won “by a substantial margin” against the candidates proposed by investment firms Trian and Blackwells, the...
-
Disney Stock In Focus For April 3 Shareholder Meeting: Does Settlement With DeSantis, New 52-Week High Throw Cold Water On Nelson Peltz's Activist Battle?
Friday, March 29, 2024 - 12:00pm | 1001Media giant Walt Disney Co (NYSE:DIS) saw its stock hit nine-year lows in August 2023. Since that time, shares have rebounded and a key lingering negative item has been settled. With an activist battle ready to play out next week, here's a look at how recent wins by the company could minimize the...
-
Star Wars Creator George Lucas Pledges Support In Activist Battle: The Force Is With Disney
Tuesday, March 19, 2024 - 12:03pm | 630An activist battle against media giant Walt Disney Co (NYSE:DIS) has several investors fighting to make changes at the company. Disney may have secured a key win ahead of its April annual meeting with the force of George Lucas. What Happened: A household name to many movie fans, Lucas founded...
-
Disney Activist Battle Rages On With Stock At 52-Week Highs: Can Nelson Peltz 'Restore The Magic'?
Tuesday, March 5, 2024 - 7:51pm | 798An activist battle against leading media company Walt Disney Co (NYSE:DIS) has been in the works for over a year and has escalated in recent months. Here's an update on the battle against Disney and key items an activist battle thinks could help the media giant. What Happened: Activist investor...
-
Bob Iger Vs. Nelson Peltz: A Former Marvel Boss Joins War Over Disney Board
Friday, December 1, 2023 - 2:43pm | 617Activist investor Nelson Peltz has allies in his latest fight against Disney (NYSE:DIS). But so, too, does Bob Iger, the entertainment conglomerate’s CEO. What Happened: Peltz is attempting his second coup to capture seats on Disney’s board of directors. His first effort ended in...
-
Nelson Peltz Bolsters Disney Stake, Seeks Board Positions As Share Prices Tumble: WSJ
Monday, October 9, 2023 - 3:17am | 508Amid a persistent decline in Walt Disney Co (NYSE:DIS) shares, activist investor Nelson Peltz is escalating his attempts to secure board seats at the company, insiders have disclosed. What Happened: Peltz’s firm, Trian Fund Management, which has become one of Disney’s most significant...
-
Disney CEO Bog Iger Faces Challenge As Nelson Peltz Plans Proxy Fight For Board Seat
Thursday, January 12, 2023 - 1:28am | 462Walt Disney Co (NYSE: DIS) CEO Robert Iger faces a new challenge as activist investor Nelson Peltz is planning to fight for a seat on the company’s board. What Happened: Peltz's Trian Fund Management executives met with Disney’s top...
-
Unilever Jumps After Nelson Peltz Joins Board
Tuesday, May 31, 2022 - 12:16pm | 461Unilever plc (NYSE: UL) shares traded higher by 8% on Tuesday after the company announced activist investor Nelson Peltz is joining the company's board of directors. What Happened? On Tuesday morning, Unilever named Peltz a board member and non-executive director. Peltz will serve as a...
-
5 Restaurant Stocks That Could Attract Merger Or Takeover Interest Amid Wendy's-Trian News
Wednesday, May 25, 2022 - 5:23pm | 1145A top fast food restaurant saw shares jump on rumors of a potential takeover by a leading investor. The move would follow up a busy 2021, which saw several large transactions in the space. Here’s a look at how merger and acquisition activity could shape up in the restaurant sector....
-
How To Invest Like Nelson Peltz
Wednesday, December 9, 2020 - 9:05am | 665Activist investor Nelson Peltz is one of the most well-known investors of his generation. The moves by Peltz into companies are widely followed and typically send stocks trading higher. About Nelson Peltz: The legendary investor started in his family business selling frozen food products after...
-
Aurora Cannabis Appoints Nelson Peltz As Strategic Advisor: 'Solid Execution, Strongly Differentiated From Its Peers'
Wednesday, March 13, 2019 - 7:58am | 592An activist investor has gotten his hands on Aurora Cannabis Inc (NYSE: ACB). The company announced Wednesday it appointed Nelson Peltz, CEO and founding partner of Trian Fund Management, as a strategic adviser. "Nelson is a globally recognized business visionary with a strong track record of...
-
Papa John's Plummets Following Report Trian Is No Longer Interested
Tuesday, November 27, 2018 - 4:16pm | 343Earlier this fall, it appeared as if the third-largest pizza chain in the United States had found its saving grace, when news arose Trian Fund Management LP was exploring a bid on Papa John’s Int’l, Inc. (NASDAQ: PZZA). What Happened Nelson Peltz's Trian, perhaps the most major of...