Disney Is Already Winning the Proxy Battle

Walt Disney (DIS -0.29%) is getting ready to defend its life on several fronts. It's no longer just Nelson Peltz from Trian Fund Management throwing stones at the House of Mouse. At least three other activists are setting the stage for a proxy battle ahead of the media giant's upcoming annual shareholder meeting.It's not a surprise that Disney is in the crosshairs. The stock has fallen well short of the market in each of the last three years, shedding more than half of its value since its early 2021 peak. T ...