Malvern fintech’s largest shareholder unveils slate of board candidates in proxy battle

//Malvern fintech’s largest shareholder unveils slate of board candidates in proxy battle

Malvern fintech’s largest shareholder unveils slate of board candidates in proxy battle

The largest investor in USA Technologies has unveiled a slate of candidates as it seeks to take over the company’s board of directors. New York-based hedge fund Hudson Executive Capital, which owns more than 16% of the company’s stock, announced last month that it planned to mount a proxy battle, claiming it had “exhausted every reasonable means” to implement desired changes to the struggling fintech’s operations. A few days later, Malvern-based USA Technologies (NASDAQ: USAT), which…

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By | 2019-11-04T17:45:51+00:00 November 4th, 2019|Economics|

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