Match Appoints Director, Defying Anson Funds’ Activist Push
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Match Group Inc. said it plans to appoint e-commerce executive Darrell Cavens to its board and advised shareholders not to vote for the three candidates put forward late last week by activist investor Anson Funds Management LP.
“The Board subsequently determined that none of them brings meaningful additional skills or expertise relevant to Match’s strategic priorities moving forward, and will provide further details regarding its recommendation to stockholders in the proxy statement for the annual meeting,” the company said in a statement on Monday.