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A look at Hasbro and their ongoing proxy battle : The Indicator from Planet MoneyThe toy giant, Hasbro, is set for a contentious proxy vote in early June. An activist investor argues the publicly traded company is neglecting its most profitable asset. Today, how a proxy battle works and what it means for Hasbro.

The Indicator from Planet Money

The Indicator from Planet Money
NPR

An epic proxy battle comes to Hasbro

An epic proxy battle comes to Hasbro

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Justin Sullivan/Getty Images
(Photo Illustration by Justin Sullivan/Getty Images)
Justin Sullivan/Getty Images

Wizards of the Coast is a niche division of the toy company, Hasbro. They publish popular fantasy games like Magic: The Gathering and Dungeons & Dragons, which make up a large share of Hasbro's revenues. They're now at the center of an ongoing proxy battle.

Today, we explain why one investor with a different vision for Hasbro wants to shake up the company's board of directors.

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