Nelson Peltz has reentered the Disney story like a villain even Walt himself couldn’t have dreamed up.

©New York Times Nelson Peltz of Trian Partners

After throwing his name into the ring for a position on Disney’s Board of Directors, Peltz initiated a proxy battle for the spot which ultimately ended before it began, with Peltz pulling out of the fight and declaring his support for Disney and CEO Bob Iger. But, with Disney stock prices at their lowest point in nearly 10 years, Peltz is back — and it sounds like he isn’t too happy.

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Disney has been in the middle of a heated WAR.

©Disney

No, we’re not talking about the battle with Florida Governor Ron DeSantis and the situation with Disney’s Reedy Creek District. And no we’re not talking about those Park Pass lawsuits or the replacement of Bob Chapek with Bob Iger. And we’re not even talking about the battle to acquire Hulu. So what’s going on here? And just what war did Iger win before it truly began? Let’s dive in!

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