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HASBRO HOSTILE TAKEOVER IMMINENT

No.9624943 View ViewReplyOriginalReport
Hasbro bros...not like this

>KEY POINTS
>Alta Fox Capital Management wants to add new members to Hasbro's board and is urging the toy company to make changes to its current business strategy, including spinning off its lucrative Wizards of the Coast unit.
>The activist investor owns a 2.5% stake in the company, worth around $325 million.
>Hasbro said that it has met with Alta Fox and plans to review its nominees "in due course." Alta Fox threatens hostile takeover if Hasbro doesn't agree with their terms.

https://www.cnbc.com/2022/02/16/hasbro-activist-wants-toy-company-to-spin-off-wizards-of-the-coast.html