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. Activist Investor Ancora Has 1% Hasbro Stake

Edmund DeMarche is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button