Disney defends Iger, says activist Peltz has 'no track record' in big media

Disney pushed backmost connected Nelson Peltz's bid for a committee spot Tuesday, arsenic the amusement giant's proxy combat with the capitalist and his activistic firm, Trian Fund Management, takes shape.

Disney said successful a securities filing Tuesday that its committee was wherever it needed to beryllium to determination the institution forward. The institution besides defended CEO Bob Iger's past acquisitions and said Peltz didn't person an knowing of Disney's business, lacked the skills to thrust shareholder worth and presented nary strategy.

"Peltz has nary way grounds successful ample headdress media oregon tech, nary solutions to connection for the evolving media landscape," Disney said successful an capitalist presumption that was released Tuesday.

Last week, Peltz laid retired his case for a proxy combat with Disney connected CNBC's "Squawk connected the Street" aft Trian filed a preliminary proxy connection looking for a spot connected the board.

Peltz raised issues with however shareholder worth has eroded precocious and Disney's $71 cardinal acquisition of Fox successful 2019. Trian has besides called retired what it called mediocre firm governance, including failed succession readying and Disney's deficiency of engagement with Trian successful caller months.

–CNBC's David Faber contributed to this report.

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