In a recent development, the grandchildren of Walt Disney and Roy Disney, the founders of Walt Disney Co (NYSE:DIS), have taken a stand in support of CEO Bob Iger and the company’s board. They have criticized and opposed the activist investors who have been challenging the company’s management. What Happened: The four grandchildren of Roy Disney namely Roy P. Disney, Susan Disney Lord, Abigail E. Disney, and Tim Disney have penned an open letter expressing their apprehensions regarding the activist investors who they perceive as a threat to the company, Reuters reported on Friday. The investor…
