Hasbro Urges Shareholders Vote For All Nominees Proposed By Board - Quick Facts

Hasbro, Inc. (HAS) said its Board of Directors recommended shareholders vote for all the nominees proposed by the Board at the upcoming annual meeting. The company noted that both of the leading independent proxy advisory firms, ISS and Glass Lewis, recently recommended shareholders vote on the WHITE proxy card and that shareholders should not support Alta Fox's campaign.

Separately, Alta Fox Capital Management, LLC, the beneficial owner of approximately 2.6% of the outstanding shares of Hasbro, Inc. (HAS), stated that it intends to modify its slate to pursue the election of one director candidate - Marcelo Fischer - and the removal of long-serving incumbent Edward Philip.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Sysco Corp. (SYY) Tuesday reported a more than a three-times surge in fourth-quarter earnings, supported by 17.5 percent growth in sales. The company projects fiscal 2023 adjusted earnings to grow. Earnings for the quarter spiked to $509.99 million from $151.09 million last year. On a per share basis,... Longmont Colorado -based Royal Crest Dairy is recalling 2% Chocolate Milk citing the potential to be contaminated with undeclared egg, a known allergen, the U.S. Food and Drug Administration said. The recall involves Farmer's 2% Reduced Fat Chocolate Milk Pints with the code date of AUG-22. ANI Pharmaceuticals, Inc. (ANIP) Monday announced a wider loss for the second quarter, despite a 52 percent surge in revenues. For the full year 2022, the company reiterated the adjusted earnings per share range, revenue guidance and raised Cortrophin revenue outlook. The company reported a quarterly...
Follow RTT