Billionaire Activist Investor Nelson Peltz Sells Full Disney Stake

ToplineBillionaire activist investor Nelson Peltz sold off his full stake in Disney on Wednesday, according to multiple reports, an exit made nearly two months after Peltz and his hedge fund, Trian Fund Management, lost its renewed proxy battle against the media and entertainment conglomerate.Peltz net worth is an estimated $1.6 billion. (Photo by: Heidi Gutman/CNBC/NBCU Photo ... [+] Bank/NBCUniversal via Getty Images)NBCU Photo Bank/NBCUniversal via Getty Images Key FactsPeltz’s selloff was made at market ...