Ike Perlmutter reportedly dumps entire Disney stake after proxy loss, expects stock to keep plunging

Ike Perlmutter, one of Disney’s largest independent shareholders, reportedly dumped his entire stake in the media giant after losing a bruising proxy fight against Mouse House CEO Bob Iger — saying he expects the slumping stock to keep tanking.The former Marvel chair Disney claimed he doesn’t have confidence in the company’s current management after selling off 25.6 million shares in the months after April’s vote, according to a Wall Street Journal report Tuesday, which cited communications with the former ...