LOS ANGELES, April 3 Reuters A multimillion dollar, mudslinging battle over Walt Disney39;s future will officially end on Wednesday when the company is expected to announce that shareholders rejected two hedge fund bids to shake up the entertainment giant39;s board.

On Tuesday, Disney secured enough shareholder votes to defeat a challenge from billionaire investor Nelson Peltz and Blackwells Capital, sources familiar with the matter told Reuters. The sources cautioned that there was a possibility that some shareholders may change their votes.

If Disney does prevail, it will be a victory for Chief Executive Bob Iger as he steers the Mouse House through the industry39;s shift to streaming.

The company39;s largest shareholder, Vanguard Group, and other investors had voted in favor of Iger and the 11 other incumbent directors, people familiar with their votes said.

Spokespeople for Disney did not immediately respond to a request for comment. Trian and Blackwells had no comment.

Official results will be disclosed at Disney39;s annual shareholder meeting, which is scheduled to stream live starting at 10 a.m. Pacific time 1700 GMT on Wednesday.

Peltz, CEO of Trian Fund Management, and Blackwells have been seeking five seats between them on Disney39;s 12person board. The activists argued the 225 billion media company has bungled its CEO succession planning, lost its creative spark and failed to properly harness new technology.

The tussle has been bitter and closely…