Disney
- Disney is at war with activist investor Nelson Peltz, who's seeking two board seats.
- The media giant deployed Pinocchio in an investor presentation to accuse Peltz of falsehoods.
- Peltz said he was disappointed by Disney's "scorched-earth campaign."
Disney is fending off an activist campaign from billionaire investor Nelson Peltz and his Trian Partners firm. It just deployed one of its classic characters to help it win the fight: Pinocchio.
The entertainment titan filed an investor presentation with financial regulators on Wednesday titled, "Correcting Trian's Fiction with Facts."