Activist investor Ancora s bid to reform Norfolk Southern gains steam ajc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajc.com Daily Mail and Mail on Sunday newspapers.
Ancora Holdings Inc. has a roughly 1% stake in Hasbro and wants it to explore a full or partial sale of Entertainment One, its unit focused on creating television shows and other content, according to a letter the activist sent to the company’s board that was viewed by The Wall Street Journal. It also wants the company to replace longstanding directors on its board.
A group of activist investors has a big stake in Kohl’s Corp. and is attempting to take control of the department-store chain’s board, according to people familiar with the matter.