Live updates: Disney has the edge in an expensive board fight with Nelson Peltz that ends today

Live updates: Disney has the edge in an expensive board fight with Nelson Peltz that ends today

The outcome of the months-long and expensive proxy battle between Disney, led by its CEO Bob Iger, and activist investor Nelson Peltz will be revealed Wednesday at the media giant’s annual shareholders meeting. The two sides have faced off in a fierce showdown over the control of two seats on Disney’s board and the future of the 100-year-old company. Disney and Iger entered the day looking increasingly likely to prevail, having reportedly won the backing of the company’s two largest …