Major Penn Entertainment Shareholder Launches Proxy Fight
Carlos Ruisanchez, former chief financial officer of Pinnacle Entertainment (which was bought by Penn in 2018).William J. Clifford, former chief financial officer at Penn and the
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 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,
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.
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 Thomas of Wall Street Journal reports, citing people ...
Exclusive: Activist Ananym plans to launch proxy fight at Henry Schein, sources say
Activist investor Ananym Capital Management plans to nominate as many as half a dozen directors to the board at Henry Schein ...
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Penn Entertainment up 4% to $21.20 after WSJ report of proxy fight
15:50 EST Penn Entertainment (PENN) up 4% to $21.20 after WSJ report of proxy fight Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
Third Point pushes back on a pitch to take Soho House private. Three ways the firm can maximize value
Activist Third Point recently wrote a letter to Soho House, calling on the company’s board to ensure a fair sales process for the company.
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Pfizer avoids board nominations from Starboard as proxy fight rolls on: Bloomberg
Following a tough opening salvo from Starboard Value last fall, Pfizer is getting a chance to catch its breath in the ...
What's Going On With Pfizer Stock Monday?
Pfizer Inc (NYSE:PFE) shares are trading higher Monday. Some of the optimism may be surrounding activist Starboard Value's ...
Southwest Airlines gets revenue boost on leisure travel, but labor costs weigh on outlook
A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.
US Steel Faces Proxy Fight as Activist Pushes to End Merger
Activist investor Ancora Holdings Group has nominated nine candidates for United States Steel Corp.’s board and is pushing ...