Hasbro is being urged by an activist investor to spin off the unit behind Magic: The Gathering and Dungeons & Dragons
A little-known activist investor is seeking to add several directors to Hasbro Inc.’s board and is urging the toy maker to make changes including a spinoff of its fast-growing unit housing games such as Dungeons & Dragons.
Alta Fox Capital Management LLC, which has a 2.5% stake in Hasbro worth roughly $325 million, has nominated five directors to its board, according to a letter viewed by The Wall Street Journal that will be sent to the company’s shareholders. Shareholders will vote on director nominees at Hasbro’s annual meeting this spring.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
WSJ News Exclusive | Activist Investor Daniel Loeb Sees Roughly $1 Trillion of Untapped Value in AmazonActivist investor Daniel Loeb, whose hedge fund Third Point counts Amazon as one of its biggest holdings, told investors on Wednesday that he sees roughly $1 trillion in untapped value at the e-commerce giant
Weiterlesen »
WSJ News Exclusive | Blackstone’s European Last-Mile Logistics Deal Values Mileway at $24 BillionBlackstone is doubling down on its warehousing bet that is aimed at ensuring same-day delivery of food and goods by reinvesting in its European last-mile logistics real-estate company, a transaction valued at almost $24 billion.
Weiterlesen »
WSJ News Exclusive | Justice Department Is Pursuing Wide-Ranging Investigation of Short-SellersFederal prosecutors are investigating whether short-sellers conspired to drive down stock prices by sharing damaging research reports ahead of time and engaging in illegal trading tactics, people familiar with the matter said.
Weiterlesen »
Dolores Catania, Jackie Goldschneider nearly get into physical fight on ‘RHONJ’Catania and Goldschneider get within inches of each other’s faces over their loyalty to Jennifer Aydin in an explosive sneak peek of Tuesday’s episode.
Weiterlesen »
Perspective | Winning the War on DecorumIt's not news that fights happen at school board meeting. The news is that they don't turn into wars, not yet anyway.
Weiterlesen »
Son of American slave reflects on father's lessons: 'He gave me the signal to be strong and to survive'Daniel Smith spoke with CBS News about his incredible story, which reflects the arc of race relations in America — from slavery to civil rights activism, and the fight to end systemic discrimination.
Weiterlesen »