Disney enters information-sharing agreement with ValueAct Capital as it continues proxy fight with Trian

The Walt Disney Company DIS, +0.47% and activist investor ValueAct Capital Management L.P. said Wednesday they have entered an information-sharing agreement while the entertainment giant undergoes a transformation. The agreement will allow Disney to consult with the investment firm on strategic matter, including via meetings with the board and management. ValueAct will support the board’s recommended slate of nominees for election to the board at the 2024 annual meeting, the companies said in a joint state ...