I can hear Valliant laughing in the corner. He called this like a week ago because he does financial shit for a day job, so he was reading the tea leaves long before it became obvious.

The interesting one that could come out of this is Nelson Peltz may come back for Round 2. He has apparently been using the downturn in Disney stocks to buy up more shares, and one of his conditions of backing down last year was that Disney set about a solid effort to replace Iger. With Iger effectively sitting on his chair and saying "I! AM! Disney!" this breaks Peltz ceasefire, and he will likely come back swinging for a hostile takeover.