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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Walt Disney Co | NYSE:DIS | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.33 | 1.18% | 113.95 | 114.11 | 112.7996 | 113.63 | 7,411,117 | 01:00:00 |
From Nov 2023 to May 2024
By Dean Seal
Walt Disney has signed a confidentiality agreement allowing it to share company information with shareholder ValueAct Capital Management and consult with the firm on strategic matters.
The entertainment giant said Wednesday that the arrangement allows the activist investment firm, which has been building up a stake in Disney, to consult the company through meetings with the board and management.
"ValueAct Capital has a track record of collaboration and cooperation with the companies it invests in, and its co-CEO Mason Morfit has been very constructive in the conversations we've had over the past year," Disney Chief Executive Bob Iger said.
The investment firm has confirmed that it will support Disney's recommended slate of board member nominees at the company's upcoming annual shareholder meeting.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 03, 2024 06:37 ET (11:37 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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