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- Nelson Peltz made a $150 million paper profit on his stake in Disney, according to Bloomberg.
- Peltz acquired 9.4 million shares of Disney for $92 per share in early November and launched a proxy fight against CEO Bob Iger.
- Disney stock hit an intraday high of $118 on Thursday after Iger announced a $5.5 billion cost savings plan.
Activist investor Nelson Peltz has scored a quick paper profit of $154 million since he acquired shares of Disney in early November and launched a proxy fight against returning CEO Bob Iger, sources told Bloomberg.