QualityStocksNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Faces Proxy Battle as Anson Funds Seeks Board Changes
Match Group (NASDAQ: MTCH), s confronting a proxy challenge from hedge fund Anson Funds, which plans to nominate directors to the company’s 10-member board. Anson, holding approximately 0.6% of Match Group’s shares as of December, has been advocating for over a year for the parent company of Tinder, Hinge, and OkCupid to reassess capital allocation, reduce costs, and evaluate its MG Asia business. The hedge fund has also expressed concerns about corporate governance and executive turnover, noting that Match Group has had four CEOs in five years. As of 10:30 AM EDT on March 20, 2025, Match Group’s stock is…
