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© Reuters. FILE PHOTO: The Hasbro, Inc. brand is seen on a toy on the market in a retailer in Manhattan, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly
(Reuters) – Activist investor Ancora Holdings Inc has a roughly 1% stake in Hasbro Inc (NASDAQ:) and desires the toymaker to discover a full or partial sale of its unit Leisure One, the Wall Road Journal reported on Monday.
Ancora additionally desires Hasbro to interchange longstanding administrators on its board, the report stated, citing a letter the activist despatched to the corporate’s board.
Ancora and Hasbro didn’t instantly reply to Reuters requests for remark.
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