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Walt Disney CEO sold half of his shares (Topic)

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Walt Disney CEO sold half of his shares

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The chairman of the board of directors of Walt Disney company Bob Iger sold almost half of his shares in the company. This was reported by Bloomberg.

The revenue of the Walt Disney CEO from the sale of the portfolio on the stock exchange amounted to $ 17.9 million. He still has just over a million shares of the international conglomerate.

As a rule, such situations cause alarm for other investors in the companies, so an Iger spokesman rushed to issue a statement, in which he said that the boss of Walt Disney in total only “diversifies its investments.”

Note that under the terms of the contract, Bob Iger will leave the post of chairman of the board of directors in 2015.

The Topic of Article: Walt Disney CEO sold half of his shares.
Author: Jake Pinkman


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