The Works braces for boardroom battle as activist investor pushes for more control

Discount retailer The Works has been engulfed in a boardroom drama as a notorious activist investor pushes to install a retired private equity partner as a director.  The retailer, which sells toys and arts and crafts, warned on Thursday that the attempted coup could “create unnecessary distraction [and] risk derailing

Shares in Lionsgate extended their losses Wednesday after an activist investor expressed restlessness with the company’s stance on AI. On above-average trading volume, the stock ended the day at $11.73, down 1% to its lowest level since April. It fell 4% on Tuesday when news of the activist’s agenda first surfaced. The

Anson Funds wrote a letter to the 'Michael' studio's board of directors calling for an AI pivot or "for sale" sign to avoid becoming an “AI casualty.”