The Walt Disney Company has ousted Marvel Entertainment chairman Isaac Perlmutter, citing cost-cutting moves as part of .Perlmutter, 80, had long feuded with Disney CEO Bob Iger, repeatedly backing activist investor Nelson Peltz's failed bid to join the company's board as part of a campaign to slash costs.Perlmutter was informed in a Wednesday phone call that Marvel Entertainment, a small consumer products division run separately from mammoth Marvel Studios, would be folded into other business units, sources told the .
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