HG Vora Sues PENN for Reducing Board Election Seats

HG Vora Sues PENN for Reducing Board Election Seats

HG Vora Capital Management, one of PENN Entertainment’s activist investors, has accused the latter company of violating the law by reducing the board seats for election at its upcoming shareholder meeting. HG Vora now seeks an injunction that would make PENN’s recent Board Reduction Scheme invalid…
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