Squawk on the Street+ Nelson Peltz on Disney proxy battle 4/4/24
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 4 April 2024
⏱️ 16 minutes
🧾️ Download transcript
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| 0:00.0 | the wake of Faber's interview with Iger. Jim Kramer's back on set with us with another special |
| 0:03.7 | guest, yes, thank you so much, Carl. We've got activist investor or I think constructivist investor, |
| 0:09.2 | Nelson Peltz with us now. Nelson, you listen to the interview. Are you a happy shareholder? |
| 0:14.9 | Are you a selling shareholder for you, trying, or for Ike Promutter? |
| 0:21.6 | Jim, before we get started, I want to say thank you to a few people. |
| 0:26.6 | I want to thank you to all the shareholders who voted for us. |
| 0:31.6 | I want to thank my family and my beautiful wife, Claudia, |
| 0:34.6 | for putting up with me through all of these campaigns. |
| 0:39.4 | I try to do the right thing. I try and help companies do the right thing, and I'm not going to |
| 0:46.4 | quit doing it. Now, what did you ask me, Jim? I did ask you whether you are happy with what |
| 0:51.6 | the events are in terms of the stock price, and you will try and, |
| 0:55.9 | or if you can speak for Ike, Ike Promoter, stay along the stock, given the fact that there are |
| 1:01.2 | some changes that have put through, or is this the end of this campaign, and it's time to ring the |
| 1:05.9 | register and move on? Well, first of all, I'm not going to discuss whether we're buyers or sellers here I hope |
| 1:15.6 | this is not a redo of last year where we pulled out gave management a chance and the stock |
| 1:25.7 | went down from roughly 120 down to 79. |
| 1:30.9 | I hope that doesn't happen this time. |
| 1:33.8 | Whether we stay or not, we don't make those kind of announcements. |
| 1:38.7 | I hope Bob can keep his promises. |
| 1:42.2 | I hope they can do all the things they assured us they were going to do. |
| 1:48.5 | And we'll only watch and wait. |
| 1:50.3 | If they do it, they won't hear from me again. |
... |
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