The e-sports and gaming firm said Greywood Investments wants to take full control of its board without paying shareholders a premium. (The Logic)
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The e-sports and gaming firm said Greywood Investments wants to take full control of its board without paying shareholders a premium. (The Logic)
Talking point: Greywood, which owns over 9.3 per cent of Toronto-based Enthusiast, said Tuesday that the firm’s CEO is a “detriment” to the company, and its board has impeded the company’s progress and share price. Enthusiast said Greywood has no plan for the company and reiterated its own growth plan, adding that Greywood’s campaign against Enthusiast “will do nothing to create long-term shareholder value.” Earlier this month, it reported an increase in quarterly revenue and a narrowing net loss.
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