Peace Work Pays Off at Disney

By Ron Grover

Chalk another one up for Bob Iger. The incoming Walt Disney (DIS

) CEO, who has been in overdrive cleaning up problems inherited from departing CEO Michael Eisner, pulled a giant thorn from his outfit's hide July 8 by striking a surprise agreement with dissident shareholders Roy Disney and Stanley Gold to "put aside their differences." As a result, the duo will withdraw a pair of pending lawsuits and agree not to run a rival slate of directors for the next five years.

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Why the sudden change in heart? Neither Disney nor Shamrock Holdings, Roy Disney's holding company, are commenting