Nelson Peltz gets Disney stake of former Marvel exec. as he battles for board seat: WSJ

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Nelson Peltz gets Disney stake of former Marvel exec. as he battles for board seat: WSJ
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Barbara Kollmeyer is based in Madrid, where she leads MarketWatch's pre-markets coverage of financial markets and writes the Need to Know column. She has worked in London and Los Angeles for MarketWatch previously. Follow her on Twitter @bkollmeyer.

Activist investor Nelson Peltz reportedly now has fresh ammunition in his second attempt to get seats on The Walt Disney Co.’s board of directors — the influential stake of a former Marvel executive.

Ex-Marvel Entertainment Chairman Isaac “Ike” Perlmutter, who was laid off earlier this year by Disney DIS, has entrusted his stake to Peltz’s Trian Fund Management, The Wall Street Journal reported on Monday. A source told the newspaper that an arrangement between Perlmutter and Trian gives the latter complete voting power over...

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