Nelson Peltz's Disney proxy fight may hinge on the same investors who doomed his DuPont battle nearly a decade ago

2024-04-02 20:16:19+00:00 - Scroll down for original article

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Three major Disney investors have a history with Nelson Peltz's proxy fights. BlackRock, Vanguard, and State Street voted against Peltz's firm Trian Partners in a 2015 proxy battle. But in a 2017 fight with P&G, BlackRock and State Street supported Peltz. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Advertisement The fate of Nelson Peltz's proxy fight with Disney partially relies on three investors — the same investors who doomed his DuPont battle nearly 10 years ago. BlackRock, Vanguard, and State Street are among Disney's largest institutional investors, and how they decide to vote at Wednesday's shareholder meeting could spell the end of Peltz's campaign for two Disney board seats. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in .