PENN Entertainment Inc. has issued a letter to shareholders, dated May 15, 2025, reiterating the commitment to creating value for all shareholders and providing an update on company performance and strategic priorities. The letter highlights the ongoing transformation of the industry, with a focus on online experiences as core growth drivers. PENN Entertainment emphasizes efforts to resolve matters with HG Vora Capital Management, LLC, including regular meetings and discussions. The letter also notes board nominations and plans to refresh the board composition. The company remains focused on actions to drive growth, expand margins, improve cash flow, and enhance capital return. The full letter can be accessed through the link below.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.