Disney pulling ahead of Nelson Peltz's Trian in fierce battle for board seats: report

Disney CEO Bob Iger appears to have the upper hand in his effort to stave off a proxy battle from activist investor Nelson Peltz’s Trian Partners.With the votes of more than half of all shares counted, Disney has pulled ahead of Trian thanks to the backing of asset management giants BlackRock and T. Rowe, according to a Reuters report.Peltz, who has questioned Iger’s leadership and business strategy, aims to snatch two seats on the company’s board of directors — one for himself and one for former Disney chi ...