Business Services Industry

Disney Board of Directors Takes Aim at Dissidents.

Knight Ridder/Tribune Business News, February, 2004

By Richard Verrier, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News

Feb. 10--The Walt Disney Co.'s board of directors are firing back at Roy E. Disney and Stanley Gold, accusing their former colleagues of conducting a "misleading and distorted campaign" against the entertainment giant.

"You should be disturbed by this attack, which comes at a time when your company is achieving very positive results," the board wrote in an open letter to shareholders.

The letter, disclosed Monday in a regulatory filing, is the board's strongest defense yet of Disney Chairman Michael Eisner. It comes amid intense campaigning on both sides to woo investors in advance of the annual shareholders' meeting, being held March 3 in Philadelphia....

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here