Reuters reveals Hasbro set to defeat Alta Fox board challenge - Reuters News Agency
Business & Finance

Reuters reveals Hasbro set to defeat Alta Fox board challenge

Reuters was the first to report that Hasbro is poised to prevail over a board challenge from activist hedge fund Alta Fox. This outcome would be a blow to Alta Fox, which had pushed the toymaker to spin off its Wizards of the Coast and Digital Gaming unit and criticized how the company allocated its capital. Early vote tallies show Hasbro ahead of Alta Fox, which nominated one director to the company’s 13-member board

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
hasbro
Sign up for email updates
Subscribe
Sign up for email updates