My guess is that Chapek is doing it out of conviction, and his hand-picked board will back him to the hilt. Disney’s market cap is $200b. There are few corporate raiders big enough to make a run at Disney. Bottom line, Chapek will do whatever he wants. Given the tenor of what went on before, expect big time Disney initiatives supporting Roe v Wade.
$200 billion
a few amusement parks
a television network
some movies
Howard Hughes wanted to buy ABC in 1968 for $100 million as I remember.
Kalifornia is a rough place to navigate. Chapek lives in a bubble that just got popped. Park attendance in Florida is hemorraging... ssshhhh.....Don’t Say ???.