Nelson Peltz slams Disney's investment plans as throwing ‘spaghetti against the wall'

Billionaire Nelson Peltz’s Trian Fund Management criticized Walt Disney’s investment plans, calling it a “spaghetti against the wall plan,” in a letter sent to the entertainment and media giant’s shareholders on Monday.The home of Mickey Mouse is in a proxy battle with Peltz who has pushed the company to cut costs, create Netflix-like profit for its streaming business and clean up its succession planning. 3 The home of Mickey Mouse is in a proxy battle with Nelson Peltz who has pushed the company to cut c ...