Activist investor T.R. Peltz has launched an activist attack on Disney. He is seeking a board seat and wants the dividend back that was suspended during the pandemic. UK regulators have thrown cold water on Microsoft's $75 billion acquisition of Activision Blizzard.
Disney plans to cut 7,000 jobs to reduce costs, the UK competition regulator said Microsoft’s acquisition of video game maker Activision Blizzard would harm competition for UK gamers, and the seventh-generation leader of a European banking dynasty is taking the family’s company private.
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