HG Vora initiates proxy fight with Penn Entertainment, nominating three board members including former CFOs and CEOs.

HG Vora Capital Management, LLC ("HG Vora"), a New York based investment firm with deep expertise in the gaming sector and a large shareholder of PENN Entertainment, Inc. (Nasdaq: PENN) ("PENN" or the ...

HG Vora has nominated three director candidates to Penn, accusing current management of failing to help it reach its “full ...

Casino operator Penn Entertainment (PENN) has entered a proxy fight with shareholder HG Vora Capital Management, which is nominating three ...

Parag Vora, Founder and Portfolio Manager of HG Vora, said: "PENN's Board has overseen a misguided Interactive strategy that has resulted in the reckless spending of nearly $4 billion – greater ...

HG Vora is launching a proxy fight at Penn Entertainment (PENN) and is submitting nominations for three independent board seats, Lauren ...

All three candidates are independent of both HG Vora and Company management. HG Vora believes there is significant unrealized value in PENN's regional casino portfolio and collection of ...

HG Vora made the move it has been working toward, nominating three directors to take seats on the board of ESPN Bet parent company.