seach-icon
  • user-img

    Diksha D Jadhav in India

    03 Apr 01:30 PM


    thumbnail

    I would definitely buy if... ,: What Elon Musk said on buying Disney shares

    Elon Musk CEO of Tesla and owner of X (previously known as Twitter) on Wednesday expressed his intent to purchase shares of Disney (DIS) if activist investor Nelson Peltz secures a seat on the media and entertainment giant’s board. Musks statement came on Wednesday, endorsing Peltzs potential influence on Disneys board. Musks remarks were prompted by a post from American hedge fund manager Bill Ackman on X, expressing concerns over alleged leaks to the media about Disneys proxy contest results against Nelson Peltz.