Blackwells Capital sues Disney over ValueAct ties, seeks changes
Summary: Blackwells Capital is suing Disney over its relationship with ValueAct Capital, alleging undisclosed ties and potential breaches of fiduciary duty. The lawsuit seeks records to investigate the matter. Shareholder meeting on Wednesday will tally votes for new board members. Trian Fund Management and Blackwells seek changes. Disney denies allegations, calling them baseless. Shareholders have until Tuesday to cast votes. Meeting will be livestreamed.
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