With more than 60% of the votes counted, Vanguard is backing Disney's slate of board nominees at a much-anticipated meeting set for Wednesday, according to the people, who asked not to be identified discussing confidential information. Vanguard is the biggest investor in Disney, with a roughly 8.3% stake, Bloomberg compiled data show.
BlackRock, with a 6.7% stake making it Disney's second-biggest shareholder, is also supporting the company's slate, said people familiar with its plans. Their backing is a major boost for Disney's board as it looks to stave off a challenge from Trian over leadership and strategy.
Bu hikaye Financial Express Mumbai dergisinin April 04, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin April 04, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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