The company is facing a proxy battle from a disgruntled shareholder that wants to put its own slate of directors up for a shareholder vote.

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.

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

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

Ultimately, QXO appears ready for a proxy fight to facilitate a deal. “We are available to meet at short notice to get a deal done,” Jacobs said. “If that does not happen, we intend to let your ...

Texas Attorney General Ken Paxton (R) is weighing a primary challenge to Sen. John Cornyn (R) in what could be the next ...

Activist Third Point recently wrote a letter to Soho House, calling on the company’s board to ensure a fair sales process for ...

2024 was a prolific year for activists, with 243 campaigns launched globally – the highest number since 2018. US activity was up modestly, and a busy year in Asia offset a quieter year in Europe. With ...

Casino operator Penn Entertainment (PENN) has entered a proxy fight with shareholder HG Vora Capital Management, which is nominating three ...

Carlos Ruisanchez, former chief financial officer of Pinnacle Entertainment (which was bought by Penn in 2018).William J.

Shares of Penn Entertainment (NASDAQ:PENN) climbed 3.5% following news that major shareholder HG Vora is launching a proxy ...

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