Activist investors push for GameStop board changes, stock buyback
March 14, 2019
Permit Capital Enterprise Fund and Hestia Capital Partners, which own a combined 1.3 percent stake in GameStop, plan to nominate candidates in an effort to shake up the company’s board. The two investors are also pushing the company to undertake a share buyback. GameStop has seen its share price fall by 26 percent over the past year.
Recent News
European Commission Readies All Trade Tools Against China
European Commission President Ursula von der Leyen emphasized the EU’s readiness to utilize all available trade tools to safeguard its economies amidst concerns over China’s market practices.
Steward Health Care Files for Bankruptcy Protection
Steward Health Care’s plunge into bankruptcy protection has stirred considerable attention and concern.
Tyson Foods Faces Challenges Amidst Rising Inflation
Tyson Foods Inc. recently saw a significant drop in its shares due to ongoing inflation impacting consumer demand.
Special Offers for National Nurses Week
Nurses play a vital role in healthcare, and their dedication often goes unnoticed. National Nurses Week, spanning from May 6 to 12, aims to acknowledge their hard work.