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  "documentTitle": "The Walt Disney Company (DIS)",
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  "authorName": "Nelson Peltz",
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      "text": "Several of Mr. Peltz’s suggestions that Disney cited as evidence that Mr. Peltz “lacks a basic understanding of our industry” were, ironically, soon thereafter adopted by Disney.",
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      "text": "“Mr. Peltz... has presented no strategic ideas for Disney...” — Disney Letter to Shareholders, 02/01/24; “Nelson Peltz does not understand Disney’s business...” — Disney Investor Presentation, 01/17/23; “[I]f [Madison Square Garden Sports] is [Nelson Peltz’s] training ground, it has not been a good one.” — Disney Investor Presentation, 01/17/23; “Mr. Peltz is “in partnership with Isaac Perlmutter... [who] has voiced his longstanding personal agenda against Disney’s CEO, [Bob] Iger, which may be different than that of all other shareholders.” — Disney Statement, 11/30/23",
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      "text": "Source: SEC filings, FactSet. Note: (1) Trian's Definitive Proxy Statement filed on January 31, 2023; In a memo shared with Disney management on May 25, 2023, Trian said to 'provide more detail around future capital investment plans' and 'creating a more exciting case for Parks will strengthen the equity narrative.' (2) Wall Street Journal article titled 'Madison Square Garden to Explore Split, Nominates Nelson Peltz to Board' published by Josh Beckerman and David Benoit on 10/28/14. (3) Based on Total Shareholder Return ('TSR') of MSGS from the spin-off of the Sports and Entertainment business of MSGN as measured from 09/30/15 to 02/23/24. (4) Wall Street Journal article titled 'Ike Perlmutter: Disney Fired Me From Marvel; I Wasn't Laid Off' published by Robbie Whelan on 04/05/23; Wall Street Journal article titled 'The Disney Sequel Bob Iger Never Wanted' published by Robbie Whelan on 01/24/24.",
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