1. Bwin.Party urges investors to reject activist's board proposals

    Bwin.Party urges investors to reject activist's board proposals

    Online gambling company Bwin.Party on Friday urged its shareholders to vote against a proposal from American activist investor Jason Ader to elect four new directors, saying it would make the board too large and hamper decision making. Ader, whose asset management firm SpringOwl is Bwin's fourth-largest shareholder, said last week that the addition of the new executive directors would tackle ...

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