[ad_1] Updated Dec. 28, 2023 8:18 am ET A top shareholder in Penn Entertainment is seeking seats on the casino operator’s board. The hedge fund HG Vora Capital Management, which…
Tag: shareholder
Gildan board defends CEO’s termination in shareholder letter
[ad_1] The Gildan Activewear Inc. chief executive shakeup escalated Tuesday with the board of directors defending and explaining their termination of Glenn Chamandy, while a top-five shareholder warned it may…
Atos Shareholder Onepoint Raises Stake to 11.4%; Seeks Board Seats
[ad_1] Atos’s anchor shareholder Onepoint has raised its stake in the company to 11.4% and is seeking to have three seats on the company’s board. Onepoint, which had a stake…
Consello’s Investment Banking Business Launches Shareholder Activism Defense Practice
[ad_1] NEW YORK, Dec. 4, 2023 /PRNewswire/ — Consello, the financial services advisory and strategic investing platform, is pleased to announce the launch of its Shareholder Activism Defense practice and…
Swiss Life CEO to Step Down
[ad_1] Swiss Life Holding said Patrick Frost has decided to step down as chief executive at the group’s annual general meeting in May next year, after 10 years at the…
Hong Kong and China Gas (HKG:3) stock falls 3.5% in past week as five-year earnings and shareholder returns continue downward trend
[ad_1] Statistically speaking, long term investing is a profitable endeavour. But unfortunately, some companies simply don’t succeed. To wit, the The Hong Kong and China Gas Company Limited (HKG:3) share…
Is maximising shareholder value unethical?
[ad_1] A company while doing business develops relationships with its internal and external stakeholders. All these relationships are contractual. Some are explicit and legal and some implicit. For example, there…
IX Acquisition Corp. Files Definitive Proxy Statement for Shareholder Meeting Seeking Second Extension
[ad_1] IX Acquisition Corp. LONDON, Nov. 30, 2023 (GLOBE NEWSWIRE) — IX Acquisition Corp. (NASDAQ: IXAQ) (the “Company”), a blank check company incorporated as a Cayman Islands exempted company, today announced that it…
ASML to Appoint Christophe Fouquet as President, CEO
[ad_1] ASML Holding plans to appoint Christophe Fouquet as president and chief executive officer. The Dutch semiconductor-equipment maker said Thursday that Fouquet’s appointment is subject to notification of the annual…
Pluribus Technologies Corp. Announces Strategic Review Process Intended to Maximize Shareholder Value
[ad_1] TORONTO, Nov. 29, 2023 /PRNewswire/ – Pluribus Technologies Corp. (“Pluribus” or the “Company”) (TSXV: PLRB) announced that its Board of Directors has formed a special committee of independent directors (the…