Activist investor ValueAct's move to amass a large stake in Disney is expected to help — not hurt — the company's efforts to thwart Trian Partner's second campaign to seize seats on the board and push for major changes.
Why it matters: The arrival of the San Francisco activist fund to the Disney drama is seen as a positive for the company, but it still turns up the heat on CEO Bob Iger and his effort to boost a sagging stock price.
