Summary
LOS ANGELES -- The Walt Disney Co. and two ex-directors who waged a bitter two-year fight have agreed to a truce, including dropping a contentious shareholder lawsuit challenging the selection of the company's new chief executive.
The company said Friday it has named former director Roy E. Disney as a director emeritus and a consultant.See the full content of this document
Extract
Disney Executives Call a Truce
In exchange, Roy Disney and ex-board member Stanley Gold have agreed not to run a challenge slate of directors or submit shareholder resolutions for the next five years. The two a...
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