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| Norman Peltz |
Reevemark is representing Nelson Peltz’s Trian Fund Management as it promises to take its case directly to Walt Disney shareholders that it needs to shake up its board.
Disney CEO Bob Iger today extended an offer to Trian to meet with his company's board, but rejected its request that Peltz become a director.
Trian, which used Reevemark in last year’s bid to get Peltz a board seat, says it gave Disney an opportunity to “right the ship” but the company’s shares have tumbled $70B in value.
“Investor confidence is low, key strategic questions loom, and even Disney's CEO is acknowledging that the company's challenges are greater than previously believed,” said Trian in a statement.
Reevemark’s Paul Caminiti, Pamela Greene and Jacqueline Zuhse represent Trian, which owns about $3B in Disney stock.
BGR Group represents Noble Supply and Logistics as it files for Chapter 11 due to a change in its weapons support contract with the Defense Logistics Agency.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
