Blackwells Sues Disney Over Ties to ValueAct in Proxy Fight
9h ago
Blackwells Sues Disney Over Ties to ValueAct in Proxy Fight
Bloomberg News,
(Bloomberg) -- Blackwells Capital LLC asked a Delaware judge to force Walt Disney Co. to hand over records about its relationship with activist investor ValueAct Capital Management and the role it played in a fight over the makeup of the entertainment giant’s board of directors.
Blackwells claimed in a court filing Thursday that Disney didn’t properly disclose financial ties to ValueAct before ValueAct backed Disney’s director …