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A look at Hasbro and their ongoing proxy battle : The Indicator from Planet Money The 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

An epic proxy battle comes to Hasbro

An epic proxy battle comes to Hasbro

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(Photo Illustration by Justin Sullivan/Getty Images)
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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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