Eminence Capital Sends Open Letter to Entain Board of Directors Following Value Destructive Equity Offering

Author's Avatar
Jun 16, 2023

Eminence Capital, LP (“Eminence,” “we” or “us”) today issued the following open letter to Entain plc’s (LSE: ENT) (“Entain” or the “Company”) Board of Directors (the “Board”) following the Company’s recently announced proposed acquisition of STS Holdings and concurrent equity offering.