Disney's business has been struggling in recent years, and there's a fight over how to fix it. On one side is Nelson Peltz, an activist investor, who is campaigning for a seat on Disney's board of directors. On the other side is CEO Bob Iger, who doesn't want Peltz anywhere near his company. WSJ’s Robbie Whelan explains who might win and what it could mean for the iconic brand. Further Reading: -Disney Winning Proxy Fight Against Trian With More Than Half of Votes Cast -Nelson Peltz Wins Key Endorsement in Disney Battle -Nelson Peltz Fights Disney—and Turmoil at His Own Fund Further Listening: -The Troubled Second Act of Disney CEO Bob Iger -Disney Wars: Attack of the Activist Investor Learn more about your ad choices. Visit megaphone.fm/adchoices