1. E.l.f. Beauty CEO Defends Track Record

    E.l.f. Beauty CEO Defends Track Record

    Activist investor Marathon Partners is launching a new campaign against beauty products maker e.l.f. Beauty Inc (NYSE: ELF) and wants to nominate three directors to the eight-person board. Marathon timeline Marathon Partners has been an e.l.f. Beauty shareholder since 2018 when it owned around 5% of the entire company. The activist initially pushed e.l.f. Beauty to consider a sale of itself or refocus on its core operations...

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