Eisner's Attempt to Influence Institutional Investors

[DisneyKidds]

This should be interesting...............

Disney Chairman and CEO Eisner and Directors Mitchell and Estrin Speak to Institutional Investors on Glass Lewis Proxy Talk
Thursday February 19, 7:40 am ET


SAN FRANCISCO, Feb. 19 /PRNewswire/ -- Glass, Lewis & Co., an analytical research and proxy advisory firm providing services to institutional investors with more than $3.5 trillion in assets under management, will host a special Proxy Talk conference call for Glass Lewis clients and other invited institutional investors on Monday, Feb. 23 at 3 p.m. (EST) to discuss the upcoming election of directors of Walt Disney Co.
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The call will be moderated by Glass Lewis CEO Greg Taxin, who will direct questions to Disney Chairman and CEO Michael Eisner and directors George Mitchell and Judith Estrin.

A transcript of the Feb. 23 call will be made public by Glass Lewis to ensure that shareholders have access to all material information about the proposed transaction. Institutional investors can learn more about Proxy Talk at http://www.glasslewis.com/learnmore/

The real question is why are Eisner, et. al. partcipating in this and how friendly (or critical) is Taxin likely to be. Hopefully this will be for real and not just an Eisner orchestrated spin-fest.

Disney is certainly making a PR push as today's Disney news items include statements from Rasulo regarding 1st quarter resort bookings (up 20% over last year) and Iger emphatically stating that Disney does not have a for sale sign on the front door (and is very unlikely to resume any kind of negotiations with Pixar just because of the Comcast offer).

 

[manning]

sounds like Eisner is nervous!!!!!