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Nelson Peltz Reportedly Sold All of His Disney Stock, Earning $1 Billion, After Losing Proxy Fight

Nelson Peltz cashed out his shares of Disney shortly after the activist investor lost his bid to win seats on the Mouse House’s board, according to a CNBC report Wednesday. Peltz sold all of his Disney stock at “close to $120 dollars a share,” making about $1 billion on the sale, CNBC reported, citing an […]

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