Walt Disney will hold its annual shareholder meeting in Burbank, Calif., on Wednesday at 1 p.m. ET. Usually a sleepy affair, this year’s meeting comes amid a high-profile proxy battle between the company and activist investor Nelson Peltz’s Trian Partners. Disney looks set to win the battle, but the stock is dropping anyway. Disney was ahead in the still-underway voting on Tuesday with more than half of the votes counted, according to a Wall Street Journal report citing people familiar with the matter. Shareholders can still change their votes until the annual meeting closes. Trian is agitating for changes at...
