Disney, Bob Iger poised to win bitter board fight with billionaire Nelson Peltz

A multimillion-dollar, mud-slinging battle over Walt Disney’s future will officially end on Wednesday when the company is expected to announce that shareholders rejected two hedge fund bids to shake up the entertainment giant’s board.On Tuesday, Disney secured enough shareholder votes to defeat a challenge from billionaire investor Nelson Peltz and Blackwells Capital, sources familiar with the matter told Reuters. The sources cautioned that there was a possibility that some shareholders may change their vot ...