Sports Illustrated publisher facing board revolt

Two large shareholders filed preliminary proxy documents with the Securities and Exchange Commission last week to oust five of seven directors of The Maven, including chairman John Fichthorn, president Josh Jacobs and directors Rinku Sen, Peter Mills and David Bailey.

Sports Illustrated Publisher Facing Board Revolt

The New York Post – Keith J. Kelly

The thinly traded public company that publishes Sports Illustrated and owns theStreet.com is facing a shareholder revolt as its stock continues to trade under $1 despite its recent push to run major media assets.

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