Disney Shareholders Back CEO Bob Iger, Ending Boardroom Battle
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P.M. Edition for April 3. Disney defeats activist shareholder Nelson Peltz in a fight for influence in the company’s boardroom. Hollywood business reporter Robbie Whelan has more on CEO Bob Iger’s victory over one of Wall Street’s most aggressive investors. And Paramount enters exclusive merger discussions with Skydance, pausing any conversations with other bidders. Plus, up to 20% of those who applied for college financial aid using a federal government form received incorrect results. Personal finance reporter Oyin Adedoyin says that could reduce their aid packages. Pierre Bienaimé hosts.
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