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Peltz Sells Disney Stock After Board Fight, Makes $1 Billion
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Peltz Sells Disney Stock After Board Fight, Makes $1 Billion

Even though billionaire investor Nelson Peltz may have lost the battle for a Disney board seat in April, he just scored a financial win by selling all of his Disney stock. Peltz, the 81-year-old founder of multi-billion dollar hedge fund Trian Partners, has made $1 billion by selling his stake in Disney, a source familiar...