Disney Wins Proxy Fight With Peltz—But Here's Why It Still Has To Worry

ToplineBillionaire activist investor Nelson Peltz’s high-profile proxy battle against Disney came to a head Wednesday at the company’s annual shareholder meeting, and, though Disney warded off Peltz’s push onto its board, the relative success of his campaign speaks to the long-term headaches felt by Disney investors.Nelson Peltz, left, and Elon Musk appear together in February.FilmMagic Key FactsDisney announced Wednesday afternoon its full slate of board nominees was approved, meaning Peltz and Jay Rasulo, ...