Bob Iger, Chairman and ex-CEO of The Walt Disney Company, has sold $98.7 million worth of shares in the company in an effort to diversify his portfolio. According to Bloomberg, Iger disposed of 550,570 shares at an average price of $179.21 on June 1, cutting the shares he owns by 50% to 555,865. In a statement, Disney said, “The value of these shares reflects the significant shareholder value generated under his leadership.” Iger took over as CEO of The Walt […]

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