Reported about 17 hours ago
Hedge fund Anson Funds is preparing for a proxy fight at Match Group to nominate several directors amid concerns regarding the company's governance and capital allocation. With only three of Match's 10 board members up for election this year, Anson has expressed frustration over slow changes, urging the online dating company's management to refine its strategy and address its declining stock performance, which has dropped significantly since the pandemic.
Source: YAHOO