3 days ago · HG Vora is launching a proxy fight at Penn Entertainment (PENN) and is submitting nominations for three independent board seats, Lauren Thomas of Wall Street Journal reports, citing people ...

3 days ago · Casino operator Penn Entertainment has entered a proxy fight with shareholder HG Vora Capital Management, which is nominating three members to the company’s board. The news pushed PENN shares up ...

Investor HG Vora is launching a proxy fight at casino operator Penn Entertainment PENN-1.83% decrease; red down pointing triangle, submitting nominations for three independent board seats. The details

3 days ago · An investor in PENN Entertainment is attempting to change the gaming and entertainment giant’s organizational structure.. New York-based investment firm HG Vora Capital Management has nominated three patrons for independent board seats at PENN as part of a proxy battle with the company.. HG Vora wants to make changes at PENN over claims of “reckless spending of nearly $4 billion” on ...

Investor HG Vora is launching a proxy fight at casino operator Penn Entertainment, submitting nominations for three independent board seats. The Wall Street Journal reported in late 2023 that HG ...

3 days ago · Penn Entertainment holder HG Vora is starting a proxy fight with the casino company and is submitting nominations for three board members. Penn edged higher by 0.5% in after hours trading after ...

I nvesting.com -- 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 ...

2 days ago · Penn Entertainment Faces Proxy Fight From Investor Citing 'Persistent Bad Judgment' ... Penn’s stock price dropped to $20.50 Thursday from its record $130.47 in March 2021. That is a drop of ...

3 days ago · Investing.com -- 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 ...

Jan 14, 2025 · Penn Entertainment Inc. stockholder HG Vora trimmed its holdings in the casino operator to just under 5% so it can launch a proxy fight without obtaining all of the required gambling licenses.