Activist Investor Ancora Has 1% Hasbro Stake

An activist investor with shares in Hasbro Inc. and is supporting another activist who waged a proxy war with the toy maker while pushing the company to make further changes.

Ancora Holdings Inc. has a roughly 1% stake in Hasbro and wants it to explore the sale of all or part of Entertainment One, whose unit is focused on creating TV shows and other content, according to a letter the publisher wrote. activities submitted to the board of directors of the company. viewed by The Wall Street Journal. It also wants the company to replace longtime directors on its board.

https://www.wsj.com/articles/activist-investor-ancora-has-1-hasbro-stake-11651533431?mod=rss_markets_main Activist Investor Ancora Has 1% Hasbro Stake

Edmund DeMarche

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