PENN Entertainment, Inc. (PENN)
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HG Vora Commences Lawsuit Against PENN Entertainment to Preserve the Fundamental Right of Shareholders to Elect All Three of Its Highly Qualified Independent Directors
Published: May 07, 2025 by: Business Wire
Sentiment: Neutral
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today filed a complaint in the United States District Court for the Eastern District of Pennsylvania (the “Court”) against PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) and its Board of Directors (the “Board”). The complaint alleges that PENN violated Pennsylvania's Business Corporation Law and the Board breached its fiduciary duties when it reduced the number of seats up for.
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PENN Entertainment (PENN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Positive
Beyond analysts' top -and-bottom-line estimates for PENN Entertainment (PENN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
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PENN Entertainment (PENN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Negative
PENN Entertainment (PENN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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HG Vora Responds to PENN Entertainment's Desperate Attempt to Disenfranchise Shareholders and Evade Accountability
Published: April 28, 2025 by: Business Wire
Sentiment: Neutral
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today responded to the actions the Board of Directors of PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) took on April 25, 2025, which included reducing the number of seats up for election at PENN's 2025 Annual Meeting of Shareholders (the “Annual Meeting”) from three to two. HG Vora believes the Board's self-serving action, taken in the face of the prospect of losing three Boa.
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About PENN Entertainment, Inc. (PENN)
- IPO Date 1994-05-26
- Website https://www.pennentertainment.com
- Industry Gambling, Resorts & Casinos
- CEO Jay A. Snowden
- Employees 23118