(Updates with ISS note on Disney shareholder voting recommendations in the second paragraph.)
Walt Disney's (DIS) board nominees received the backing of Institutional Shareholders Services a year after the proxy adviser supported activist Nelson Peltz in his tussle with the company, according to a note from ISS.
"Based on a review and evaluation of the company's disclosures and practices at this time, ISS and board recommendations are aligned for this meeting," the proxy advisory firm said.
Disney's annual meeting is March 20, according to the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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