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20 items- NEWSHasbro Investor Alta Fox Capital Issues Response To Co.'s Recent Presentation, Reinforces 'Urgent' Need For Boardroom Change At 2022 MeetingUrges Shareholders to Vote on the GOLD Proxy Card to Elect Alta Fox’s Three Highly Qualified and Independent Nominees, Who Collectively Possess Expertise in Corporate Governance, Capital Allocation and Strategic Planning DALLAS--(BUSINESS WIRE)-- Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.6% of the outstanding shares of Hasbro, Inc. (NASDAQ:HAS) (“Hasbro” or the “Company”), today issued the below statement in connection with its nomination of three highly qualified and independent candidates – Marcelo Fischer, Rani Hublou and Carolyn Johnson – for election to the Company’s Board of Directors (the “Board”) at t
- PRAlta Fox Responds to Hasbro's Recent Presentation and Reinforces the Urgent Need for Boardroom Change at the 2022 Annual MeetingUrges Shareholders to Vote on the GOLD Proxy Card to Elect Alta Fox's Three Highly Qualified and Independent Nominees, Who Collectively Possess Expertise in Corporate Governance, Capital Allocation and Strategic Planning Alta Fox Capital Management, LLC (together with its affiliates, "Alta Fox" or "we"), the beneficial owner of approximately 2.6% of the outstanding shares of Hasbro, Inc. (NASDAQ:HAS) ("Hasbro" or the "Company"), today issued the below statement in connection with its nomination of three highly qualified and independent candidates – Marcelo Fischer, Rani Hublou and Carolyn Johnson – for election to the Company's Board of Directors (the "Board") at the 2022 Annual Meeting of
- NEWSHasbro Shareholder Alta Fox Files Proxy Statement, Sends Letter To Hasbro ShareholdersAsserts that Shareholder-Driven Change is Needed at the 2022 Annual Meeting to Mitigate Further Value Destruction Under Hasbro’s Arrogant, Insular and Ineffective Board Highlights Risks Associated with Reelecting Incumbents Responsible for Years of Underperformance and Egregious Capital Allocation, Including the $4.6 Billion eOne Deal Puts Spotlight on Hasbro Chairman Rich Stoddart's Long History of Value Destruction and Lack of Qualifications to Oversee Hasbro Questions the Board’s Entrenchment Agenda and Unwillingness to Embrace Shareholder Input Following Years of Poor Returns Urges Shareholders to Elect Alta Fox’s Three-Member Slate on the GOLD Proxy Card to Inject Capital Allocation
- PRAlta Fox Files Definitive Proxy Statement and Sends Letter to Hasbro ShareholdersAsserts that Shareholder-Driven Change is Needed at the 2022 Annual Meeting to Mitigate Further Value Destruction Under Hasbro's Arrogant, Insular and Ineffective Board Highlights Risks Associated with Reelecting Incumbents Responsible for Years of Underperformance and Egregious Capital Allocation, Including the $4.6 Billion eOne Deal Puts Spotlight on Hasbro Chairman Rich Stoddart's Long History of Value Destruction and Lack of Qualifications to Oversee Hasbro Questions the Board's Entrenchment Agenda and Unwillingness to Embrace Shareholder Input Following Years of Poor Returns Urges Shareholders to Elect Alta Fox's Three-Member Slate on the GOLD Proxy Card to Inject Capital Allocatio
- NEWSAlta Fox Capital Management Announced Nomination of 'Five Highly Qualified and Independent Candidates' for Election to Hasbro's Board of DirectorsAlta Fox Capital Management, LLC (together with its affiliates, "Alta Fox" or "we"), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQ:HAS) ("Hasbro" or the "Company"), today announced that it has nominated five highly qualified and independent candidates for election to the Company's Board of Directors (the "Board") at the 2022 Annual Meeting of Shareholders (the "Annual Meeting"). In connection with its nomination, Alta Fox issued an open letter to its fellow shareholders and released a detailed 100-page presentation that can be accessed at www.FreeTheWizards.com. *** Fellow Shareholders, Alta Fox is one of the largest shareholders of Hasbro, w
- PRAlta Fox Capital Management Nominates Five Highly Qualified and Independent Candidates for Election to Hasbro's Board of DirectorsIssues Letter to Shareholders Making the Case for Boardroom Change Following Years of Disappointing Results, Poor Governance and Questionable Disclosure Practices Under the "Brand Blueprint" Strategy Releases 100-Page Deck Outlining Value-Enhancing Recommendations, Including a Tax-Free Spin-Off of the Wizards of the Coast Segment That Could Unlock $100 Per Share in Upside Sees a Three-Year Path to Reaching $200 Share Price with a Refreshed Board, New Strategy, Improved Capital Allocation and the Separation of Wizards of the Coast Urges Stakeholders to Visit www.FreeTheWizards.com to Learn More About Alta Fox's Vision for Helping Hasbro Unlock Significant Value and Reignite Profitable Gro
- PRAite Group Names Majesco a “Best-in-Class” Vendor in the Aite Matrix: 2020 U.S. P&C Core Systems Evaluation ReportMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced that Aite Group named Majesco a “Best-in-Class” Vendor in the Aite Matrix: 2020 U.S. P&C Core Systems Evaluation Report. Using the Aite Matrix, a proprietary Aite Group vendor assessment framework, the Matrix Report evaluates the overall competitive position of each vendor, focusing on vendor stability, client strength, client services, and product features. Based on qualifying criteria, 37 vendors were invited to participate with only 14 agreeing to the evaluation. “Best in Class” qualification requires a score of 91% or more overal
- PRMajesco Partners with Industry Leaders to Shine Light on Emerging Opportunities and New Technologies Reshaping the Future of InsuranceMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software solutions platforms, today announced the addition of new podcast sessions to both the Future of Insurance: Ecosystem Partners podcast series and Industry Leaders series. The latest episodes feature host Denise Garth, Chief Strategy Officer at Majesco as she speaks to today’s business leaders and industry partners on the most pressing industry topics, trends and behaviors of today’s leading organizations. “The industry continues to rapidly transform – shaped by shifting customer demands, new technologies and market changes. As organizations work to keep pace and prepare for their digital transfor
- PRGlobal Digital Insurance Platform Market 2020-2025 - Increased Awareness Among Insurers About Digital ChannelsDUBLIN, Nov. 23, 2020 /PRNewswire/ -- The "Digital Insurance Platform Market - Growth, Trends, and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering. The Digital Insurance Platform Market is expected to register a CAGR of over 12.5% during the forecast period 2020-2025 The global insurance industry has been witnessing a significant shift towards the adoption of digital technologies. According to a recent Willis Towers Watson report, 74% of insurance executives, identify reluctance within the industry to adopt new digital technologies. Customer loyalty and satisfaction have become a primary concern for insurance companies. Artificial intelligence (AI) and
- PRMajesco Named a Leader in Gartner 2020 Magic Quadrant for P&C Core Platforms, North AmericaMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global provider of cloud insurance platform software for insurance business transformation, today announced that for the third consecutive year has been named a Leader in the Gartner 2020 Magic Quadrant for P&C Core Platforms, North America. The report evaluated 12 vendors, “This Magic Quadrant provides a lens into the North American market for P&C core platforms aimed at very large Tier 1 through small/regional Tier 5 P&C insurers.” “P&C Core platforms in North America continue to evolve into end-to-end, cloud-based digital business platforms,” says co-authors of the report Venkatesh Padmanabhan, Senior Director Analyst at Gartner, Jam
- PRMajesco Supports Launch of HSB Total Cyber™ for Digital Distribution on Majesco CloudInsurer® in 16 WeeksMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software solutions for insurance, today announced that in less than 16 weeks, HSB, part of Munich Re, launched Majesco Policy for P&C on Majesco CloudInsurer® platform to digitally distribute HSB Total Cyber™, which provides comprehensive cyber coverage for the financial exposures resulting from a cyber-attack. The implementation and product launch are part of HSB’s continuing strategy to rapidly develop and launch new, innovative insurance products to market. The MVP implementation went live in March of 2019 for an initial market launch. The MVP approach enabled HSB to develop, prototype and launch the
- PRMajesco Announces 2020 Fall Product Council Meeting to be Held November 17th – November 19thMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco a global provider of cloud insurance platform software, today announced that it will host its Fall Product Council meeting, which will be held virtually on November 17th – 19th. This semi-annual meeting brings together Majesco’s customers to discuss the product roadmap progress and plans for Majesco Distribution Management, Majesco P&C Insurance Data & Analytics Platform, Majesco Policy for P&C, Majesco Digital1st ®Insurance, Majesco Billing for P&C and Majesco Claims for P&C. “As we continue to lead the future of insurance with robust, ground-breaking products, we’re continuously working with our customers to build our roadmap that identi
- PRMajesco Limited issues notice on Buyback of its Equity SharesMUMBAI, India, Nov. 2, 2020 /PRNewswire/ -- Majesco Limited, an Indian listed company (the "Company") (CIN: L72300MH2013PLC244874), hereby announces that the Company's Board of Directors, in its meeting held on October 8, 2020, and shareholders, in the extra-ordinary general meeting held on November 2, 2020, have approved the buy back of up to 7,470,540 fully paid-up Equity Shares at a price of Rs. 845 per Equity Share on a proportionate basis through a tender offer (the "Buyback"). The Company's public announcement relating to the Buyback ("PA") was published on November 3, 2020 in India in an English national daily newspaper, a Hindi national daily newspaper, and a regional language (Ma
- PRNew Research Report from Majesco Underscores Growth Opportunity for Affinity and Program Business Through Reimagined Markets, Products, Partners and ChannelsMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software, today announced the release of a new thought leadership report, A Roadmap to the Future of Insurance: Program and Affinity Business. The report, based on a joint primary research study with PIMA, found that while the affinity and program business market has seen strong growth, there is still significant untapped opportunity to expand and accelerate growth by introducing new products and leveraging new, innovative partnerships within a broader ecosystem. As expected, the research reflected the organizations are predominantly focused on traditional partners for affinity and program business, such
- PROne Inc Announces Partnership with MajescoFOLSOM, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) -- One Inc, a digital payments platform provider for the insurance industry, today announced the company has recently entered a partnership agreement with Majesco, a global provider of core insurance software, consulting, and services for insurance business transformation, as a new partner and app on the Majesco Digital1st® EcoExchange. As a partner, One Inc’s digital payments platform seamlessly integrates into the Majesco P&C Core Suite, as well as Majesco Digital1st® Insurance, providing a full-stack, inbound-outbound payment processing solution for Majesco customers. Using the One Inc Digital Payments Platform, insurers gain the ability t
- PRDenise Garth, Chief Strategy Officer at Majesco Named a Top 50 Woman Leader in SaaSMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced today that Denise Garth, Chief Strategy Officer at Majesco was named to the Top 50 Women Leaders in SaaS of 2020 by The Software Report for her contribution to the industry. With well over 1000 nominations, the annual publication celebrates some of the most accomplished women in SaaS, based on analysis of their character, contributions to their companies, demonstrated expertise in the field, accomplishments, and the positive impact they have had on their organization and the industry. Denise joined Majesco in 2015 and has taken on increa
- PRMajesco Announces New Addition to Leadership Team with Appointment of Chief Financial OfficerMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the appointment of Joe Aho as Chief Financial Officer (CFO) effective October 26th, 2020. Mr. Aho joins Majesco with over twenty years of experience at Compuware, where he most recently served as Chief Financial Officer. He is a seasoned finance expert who brings extensive experience and a proven track record in driving growth for enterprise software companies. Mr. Aho holds an MBA from Wayne State University and a BA in Economics from The University of Michigan Dearborn. As CFO, Joe will report directly to CEO Adam Elster, and wil
- PRAnnouncing General Availability of Version 11 R2 of the Powerful Majesco L&A & Group Core Suite Insurance SoftwareMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the general availability of the version 11 R2 for the market-leading Majesco L&A & Group Core Suite Insurance Software, including Majesco Policy for L&A and Group, Majesco Billing for L&A and Group and Majesco Claims for L&A and Group. Nearly every insurance company is talking about transforming their business, recognizing the significant need to improve, both operationally and innovatively, to change the course to enable growth. Today’s customers want personalized experiences, and products aligned to their personal data – not aggre
- PRThoma Bravo Completes Acquisition of MajescoSAN FRANCISCO and MORRISTOWN, N.J., Sept. 21, 2020 /PRNewswire/ -- Thoma Bravo, L.P. ("Thoma Bravo" or the "Firm"), a leading private equity firm focused on the software and technology-enabled services sectors, today announced that it has completed the acquisition of Majesco (Nasdaq: MJCO), a global leader of cloud insurance software solutions for insurance business transformation. As previously announced on August 8, 2020, under the terms of an amended and restated definitive merger agreement, Thoma Bravo agreed to acquire all of the issued and outstanding shares of Majesco common stock for $16.00 per share in cash. In conjunction with the closing, Majesco's common stock will cease tr
- PRMajesco Partners with Industry Leaders to Highlight Today’s Emerging TechnologiesMORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions platforms, today announced the addition of new podcast sessions to the Future of Insurance: Ecosystem Partners podcast series. The latest episodes feature host Denise Garth, SVP of Strategic Marketing and Innovation at Majesco as she speaks to today’s business leaders from InsurTechs and other innovative companies about how they’re partnering with Majesco and the industry to bring the latest technology advancements including AI, data solutions, electronic signatures and others to the future of insurance. “Majesco is continuously looking for new and innovative ways to inc