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Parag Vora’s hedge fund got two seats at Penn Entertainment, but has accused the company of conspiring with state casino regulators and violating the shareholder franchise to fend off the activist.
The war involves corporate governance, capital allocation, and strategic direction. Both parties sent shareholders forcefully ...
In terms of its retail business, Penn Entertainment has achieved significant market share growth, with 14 out of 17 regional ...
Penn’s letter said the HG Vora filing, which included its intention to nominate directors and push for changes, “directly ...
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Front Office Sports on MSNPenn Continues to Fight Activist While Admitting StrugglesThe activist battle is heating up ahead of Penn’s shareholder meeting next month. The post Penn Continues to Fight Activist ...
PENN Entertainment, Inc. (Nasdaq: PENN) ("PENN" or the "Company") today issued the following letter to shareholders.
Activist investor HG Vora challenges PENN Entertainment's leadership and strategy, urging shareholder action to restore value ...
HG Vora asked fellow Penn Entertainment shareholders to vote for its three director nominees in its proxy submission Tuesday ...
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