PENN Entertainment holder HG Vora starts proxy fight

Major Penn Entertainment Shareholder Launches Proxy Fight
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 Wall Street Journal reported in late 2023 that HG Vora was looking to win representation on Penn’s board.
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 Enters Proxy Fight with Shareholder HG Vora
Casino operator Penn Entertainment (PENN) has entered a proxy fight with shareholder HG Vora Capital Management, which is nominating three
Penn Entertainment holder HG Vora starts proxy fight (update)
HG Vora initiates proxy fight with Penn Entertainment, nominating three board members including former CFOs and CEOs.
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 up 4% to $21.20 after WSJ report of proxy fight
EST Penn Entertainment (PENN) up 4% to $21.20 after WSJ report of proxy fightInvest with Confidence: Follow TipRanks' Top Wall Street
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.
Major Penn Entertainment Shareholder Is Launching Proxy Fight
HG Vora has criticized the casino operator’s M&A history and share performance.
Legal Sports Report8h
ESPN Bet Parent Faces Proxy Battle After Interactive ‘Abject Failure’
HG Vora made the move it has been working toward, nominating three directors to take seats on the board of ESPN Bet parent company.
Business Wire21h
PENN Entertainment Confirms Receipt of Director Nominations
PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today confirmed that its Board of Directors has received ...
Investing15d
PENN stock rises amid potential proxy battle
On Wednesday, shares of PENN Entertainment Inc (NASDAQ: PENN) climbed to $20.65, marking a notable 12.9% surge over the past week, following news of a potential proxy battle as activist ...