Peltz’s Push for Disney Board Seats Boosted by Perlmutter’s Shares

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Updated Oct. 30, 2023 12:08 am ET

Billionaire and former Marvel executive Isaac “Ike” Perlmutter offered moral and logistical support to his friend Nelson Peltz last year when the activist investor campaigned for big changes at Disney.

As Peltz prepares a fresh challenge to the company, Perlmutter is proving to be a key financial ally, too.

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