Bob Iger
Bob Iger shut down the idea that ABC was for sale at the DealBook Summit on Wednesday.
  • Billionaire Nelson Peltz is no longer an investor in Disney.
  • Peltz fought a pricey proxy battle with Disney CEO Bob Iger over its board but lost.
  • He's now sold all his Disney shares, which marks the likely end of the power struggle.

Billionaire hedge fund founder Nelson Peltz has sold his stake in The Walt Disney Company after losing a pricey proxy battle with CEO Bob Iger.