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Ike Perlmutter
Ike Perlmutter Has Sold His Entire Disney Stake
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deadline.com
deadline.comIke Perlmutter, a major Disney stockholder who lent his shares to support a shakeup on the company’s board, has now sold all of them and is moving on, according to a report in the WSJ.
When reached through a spokesperson, Perlmutter, who accumulated the holding when he sold Marvel to Disney in 2009 for more than $4 billion, didn’t disavow this.
Perlmutter had supported Nelson Peltz in a first run at a Disney board seat in 2022 although the activist investor ultimately backed down as Disney began to restructure.
But, saying he was ultimately unsatisfied by the turnaround efforts and worried about succession, Peltz started his campaign again, seeing it through the second time to a bitter proxy fight that he ultimately lost this spring.
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