--Hedge fund Anson Funds is preparing to launch a proxy fight at Match Group and nominate several directors to the online dating app's board, Reuters reports, citing two people familiar with the matter.
--Anson has been pressing Match Group for over a year to rethink capital allocation, reduce expenses and consider a strategic review of its Asia business. It has also raised concerns about Match's governance, Reuters reports, citing sources.
Full article at https://www.reuters.com/business/finance/anson-funds-eyes-proxy-fight-match-plans-nominate-directors-sources-say-2025-03-11/
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(END) Dow Jones Newswires
March 11, 2025 11:29 ET (15:29 GMT)
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