Disney winning proxy battle with Trian with more than half of votes cast – WSJ

Disney winning proxy battle with Trian with more than half of votes cast – WSJ

Charley Gallay/Getty Images Entertainment

Walt Disney Co. (NYSE:DIS) is prevailing over activist Trian in its proxy fight for board seats, with more than half of the votes cast, according to a WSJ report on Monday.

BlackRock, Disney’s second-largest shareholder with a 4.2% stake, is among the investors backing the entertainment giant, according to the WSJ report, which cited people familiar with the matter.

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