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OverviewAPI
Activist investor Nelson Peltz plans to seek at least three board seats at Disney, expressing dissatisfaction with CEO Bob Iger's changes. Trian, owning $3 billion of Disney stock, intends to nominate director candidates for a second proxy fight. Disney, with a market capitalization of $169 billion, has restructured the company, reduced costs, and aims for $7.5 billion in cost savings. The battle is termed Disney 2.0, and proxy advisers will assess the company's progress.

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