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Blackwells urges Disney shareholders to disregard ValueAct's board endorsement
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Blackwells urges Disney shareholders to disregard ValueAct's board endorsement
Mar 11, 2024 5:53 PM

March 11 (Reuters) - Walt Disney ( DIS ) investor Blackwells

Capital said on Monday it urged shareholders to disregard

ValueAct's endorsement of Walt Disney's ( DIS ) board.

Blackwells said its diligence showed that the board had

failed to disclose that ValueAct or its affiliates have been

managing more than $350 million of Disney's ( DIS ) pension fund assets.

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