Match Group (MTCH) is now facing a proxy fight at its upcoming annual meeting, with activist investor Anson Funds Management on Friday nominating three candidates to the board of the dating applications company.
"Match's outdated, insular board with deep interlockings is inadequately qualified to oversee a modern technology primarily serving young adults," Anson Funds portfolio manager Sagar Gupta said in a letter to Match shareholders.
Gupta also pointed to board's refusal to seriously engage with shareholders looking to provide new outlooks and expertise.
The Anson nominees - Fumbi Chima, Laura Lee and Kelley Morrell - are seeking to unseat three board members expected to stand for re-election at the company's annual meeting.
Match did not immediately response to a message from MT Newswires seeking comment. After Anson Funds last month indicated it would likely challenge board membership at Match, the company said it was committed to protecting shareholder interests "and intensely focused on growing our business."
Anson also has not returned a request for more information.
Price: 29.06, Change: -1.13, Percent Change: -3.73
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。