PENN Entertainment holder HG Vora starts proxy fight

Penn Entertainment holder HG Vora starts proxy fight (update)
HG Vora initiates proxy fight with Penn Entertainment, nominating three board members including former CFOs and CEOs.
Major Penn Entertainment Shareholder Launches Proxy Fight
Investor HG Vora is launching a proxy fight at casino operator Penn Entertainment and is submitting nominations for three independent board seats, according to people familiar with the matter. The Wall Street Journal reported in late 2023 that HG Vora was looking to win representation on Penn’s board.
Penn Entertainment Faces Proxy Fight From Investor Citing 'Persistent Bad Judgment'
The investor, New York-based HG Vora, has never before launched a proxy battle. It cited “Years of Poor Judgment, Failed Transactions, and Value Destructive Actions” as the rationale behind its move to do so now in a statement released Wednesday.
Penn shareholder HG Vora nominates three director candidates, citing “reckless spending”
HG Vora has nominated three director candidates to Penn, accusing current management of failing to help it reach its “full potential”.
Penn Entertainment holder HG Vora set to start proxy fight - WSJ
HG Vora initiates proxy fight with Penn Entertainment, nominating three board members including former CFOs and CEOs.
Penn Entertainment shareholder HG Vora Capital nominates three board candidates
PENN Entertainment (PENN) shareholder HG Vora Capital Management, a New York based investment firm, announced its nomination of three highly
HG Vora Capital Management Nominates Three Highly Qualified Independent Director Candidates to PENN Entertainment Board
HG Vora Capital Management, LLC ("HG Vora"), a New York based investment firm with deep expertise in the gaming sector and a large shareholder of PENN Entertainment, Inc. (Nasdaq: PENN) ("PENN" or the "Company"),
Penn Entertainment shares rise on proxy fight report from WSJ
Shares of Penn Entertainment (NASDAQ:PENN) climbed 3.5% following news that major shareholder HG Vora is launching a proxy fight, aiming to secure three independent board seats. This development comes as the Wall Street Journal reports that the New York-based investment firm has been working to gain the necessary gambling licenses to propose board nominees,
HG Vora launching proxy fight at Penn Entertainment, WSJ reports
HG Vora is launching a proxy fight at Penn Entertainment (PENN) and is submitting nominations for three independent board seats, Lauren
Penn Entertainment Enters Proxy Fight with Shareholder HG Vora
Casino operator Penn Entertainment (PENN) has entered a proxy fight with shareholder HG Vora Capital Management, which is nominating three ...
PENN Entertainment Confirms Receipt of Director Nominations
PENN Entertainment, Inc. (Nasdaq: PENN) ("PENN" or the "Company") today confirmed that its Board of Directors has received ...
BofA keeps PENN stock Neutral with $22 target post-board shakeup
PENN Entertainment Inc (NASDAQ:PENN) shares rose following the announcement of three new independent board nominations by HG Vora, a significant shareholder with an approximately 20% economic interest ...