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 ...

PENN Entertainment's stock has plummeted nearly 85% since its peak in 2021, due to two failed attempts to capitalize on the ...

The proxy fight would be among the first of the new year. Bankers and lawyers say more companies could face costly battles with shareholders in 2025 over hot button issues ranging from CEO ...

For some firms that lose an auction to acquire a company, plan B is to blow up the auction altogether, wait for chaos to ...

Activist investment firm Starboard Value has launched a proxy battle with pharmacy supplier Kenvue, running a slate of four board nominees including Starboard head Jeff Smith.

HG Vora is launching a proxy fight at Penn Entertainment (PENN) and is submitting nominations for three independent board seats, Lauren ...

HG Vora initiates proxy fight with Penn Entertainment, nominating three board members including former CFOs and CEOs.

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.

It has since reduced its stake in the company to 5% to be able to undertake its proxy fight. The three board members HG Vora has nominated are Carlos Ruisanchez, former chief financial officer of ...

Earlier on Wednesday, QXO CEO and billionaire Brad Jacobs made public its $124.25 per share offer for Virginia-based Beacon and threatened a proxy fight at the takeover target after months of ...

The proxy fight would be among the first of the new year. Bankers and lawyers say more companies could face costly battles with shareholders in 2025 over hot button issues ranging from CEO ...

Activist investment firm Starboard Value has launched a proxy battle with pharmacy supplier Kenvue, running a slate of four board nominees including Starboard head Jeff Smith. Kenvue, a maker of ...