“We believe that ESPN is an asset that is well placed within the Walt Disney Company,” Chapek told Reuters.
The investor said in a tweet on Sunday that he looks forward to seeing ESPN Chairman James Pitaro execute on the growth and innovation plans, “generating considerable synergies as part of” Disney.
Chapek said that Walt Disney values ESPN as an asset, stating the sports broadcasting brand is “well placed” within the company.Loeb, who runs Third Point, in August disclosed a stake of roughly $1 billion in Disney and announced plans to push the company to make a string of changes, from spinning off ESPN to buying back shares and adding board members.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPNThe investor said he wants to see Disney move forward with ESPN’s “growth and innovation” as Disney recommits to plans for the sports network.
Leer más »
Disney CEO Chapek rejects activist Loeb's call for ESPN spin-off - FTWalt Disney Co chief executive Bob Chapek has rejected billionaire activist investor Daniel Loeb's call to sell or spin off the ESPN sports television network, the Financial Times reported on Saturday.
Leer más »
Loeb reverses course on push to get Disney to spin off ESPNActivist investor Dan Loeb indicated that he's going to retreat from his push to get Disney to spin off ESPN.
Leer más »
Activist investor Dan Loeb steps back from his push for Disney to sell ESPNActivist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney Co. to spin off its popular sports...
Leer más »
Activist Investor Dan Loeb Backs Off Call for Disney to Spin Off ESPNLoeb had called for the sale or spin off last month, but now says he has a 'better understanding of ESPN's potential as a standalone business.'
Leer más »