Blackwells Files Definitive Proxy Statement for Braemar Hotels & Resorts Inc.’s 2024 Annual Meeting

By Blackwells Capital | April 10, 2024 | Comments Off on Blackwells Files Definitive Proxy Statement for Braemar Hotels & Resorts Inc.’s 2024 Annual Meeting

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) — Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR) has filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its nomination of four highly qualified candidates—Jennifer M. Hill, Betsy L. McCoy,…

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Disney’s Biggest Shareholder Fight in 20 Years will Shape the Company’s Future

By Blackwells Capital | April 2, 2024 | Comments Off on Disney’s Biggest Shareholder Fight in 20 Years will Shape the Company’s Future

Walt Disney Co.’s biggest boardroom showdown in 20 years culminates this week with an election that has already reverberated throughout the Burbank entertainment giant. Billionaire Nelson Peltz has waged a nearly six-month battle for a seat on Disney’s board of directors. A smaller activist group, Blackwells Capital, joined the fray with three other candidates. Disney…

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Disney Investor Blackwells Capital Sues The Company As Shareholder Vote Nears Close

By Blackwells Capital | March 28, 2024 | Comments Off on Disney Investor Blackwells Capital Sues The Company As Shareholder Vote Nears Close

Activist Disney investor Blackwells Capital is suing the media giant over what it sees as an inappropriately cozy relationship with another shareholder, ValueAct Capital. In the lawsuit filed Thursday in Delaware Chancery Court (read it here), Blackwells lays out concerns about whether ValueAct has been paid to take a pro-Disney position in a brewing proxy fight with activists. Blackwells and Trian Fund Management…

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Blackwells, in proxy fight with Disney, sues Disney over disclosure in hedge fund relationship

By Blackwells Capital | March 28, 2024 | Comments Off on Blackwells, in proxy fight with Disney, sues Disney over disclosure in hedge fund relationship

NEW YORK, March 28 (Reuters) – Blackwells Capital upped the pressure on Walt Disney (DIS.N), opens new tab in a long-running boardroom battle, suing the entertainment giant on Thursday for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital. The suit, filed in a Delaware court, is the latest chapter in…

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