Hasbro activist investor Alta Fox: we are stunned

With Hasbro’s stock (HAS) hovering at a 52-week low, the battle with its new activist investor Alta Fox Capital is heating up.

Alta Fox founder Connor Haley tells Yahoo Finance his firm — a 2.5% holder in Hasbro — has been rebuffed in its effort to reach a settlement.

“We’ve got a world class slate of advisers, and they are all collectively stunned at the level of entrenchment of the current Hasbro board. I think we went well out of our way to offer a beyond reasonable settlement,” Haley…


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