Nelson Peltz has sold his stake in Disney, nearly two months after losing a bruising and expensive proxy battle with the entertainment giant.

Billionaire Nelson Peltz's Trian Fund Management sold its entire stake in Disney after a boardroom clash. Last month, Disney shareholders supported CEO Bob Iger and the current board over Peltz.

Peltz has been critical of Disney's governance, particularly its streaming strategy and CEO succession plan.

Ike Perlmutter has sold his entire stake in Disney after he and activist Nelson Peltz lost a proxy fight. Perlmutter, the former Marvel chairman, had banded with Peltz to try to win two seats on ...

Home Business News Mission Accomplished? Despite Losing Proxy Fight, Billionaire Nelson Peltz Reportedly Sells Entire Disney Stake For $1B In Profit By Dade Hayes ...

In April, Disney shareholders backed Chief Executive Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital.

Nelson Peltz Sells His Entire $1 Billion Stake in Disney After Losing Proxy Battle, CNBC Reports The move comes week after Trian Fund Management’s bid was shot down by Disney shareholders Disney ...

Activist investor Nelson Peltz has reportedly sold his stake in the Walt Disney Co., weeks after losing a proxy battle for seats on the company’s board of directors.

Peltz sold his stake after Disney successfully fended off his activist investor campaign.

In early April, Nelson Peltz’s Trian lost a proxy battle at Disney as shareholders reelected the company’s full slate of board nominees.