March 27 (Reuters) - Egan-Jones has become the second

proxy advisory firm to back Nelson Peltz's push for board seats

at Walt Disney ( DIS ), the activist investor's asset management

firm said on Wednesday as it takes on the entertainment

conglomerate in a bitter proxy battle.

Peltz's Trian Group said Egan-Jones recommended shareholders

vote for change in the composition of the entertainment

conglomerate's board.

Proxy advisory firm Institutional Shareholder Services,

which has the power to influence hundreds of investors, had also

backed Peltz last week, saying that he could ensure the board

does its job and tackles questions of CEO succession and

strategy.

Walt Disney ( DIS ) and Egan-Jones did not immediately respond to

Reuters' requests for comment.

The fight for a seat at Disney has emerged as one of the

most closely watched board battles, as the prominent activist

investor, and media industry veteran Bob Iger, who was

reinstated as the company's top boss two years ago, compete for

control.

Disney's ( DIS ) business model is "built for the last decade, but

not forward looking and flexible enough to ensure success in the

next," Trian quoted Egan-Jones as saying in a statement.

In December, Egan-Jones had questioned Disney management's

adaptability to change, saying that "that the old magic will be

hard to recreate."

The company's shareholders will vote on April 3 and each

side has signed up prominent supporters to press its case with

voters.

Iger is counting Emerson Collective founder and President

Laurene Powell Jobs and "Star Wars"-creator George Lucas among

his supporters.

Peltz's Trian Fund Management is looking to capture two

board seats, one for Peltz and the other for former Disney

finance chief Jay Rasulo. Another activist firm, Blackwells

Capital, is pushing for three board seats.