Stock Titan Deals and strategy
CAS Investment Partners builds 6.5% Hilton Grand Vacations (HGV) stake and eyes board role
CAS Investment Partners and its affiliates have acquired a 6.5% activist stake in Hilton Grand Vacations Inc. (HGV), purchasing 5,070,709 shares for approximately $221.6 million. The investment firm, which initially held a passive position, now intends to engage with HGV's management and board on matters including board composition, potentially seeking directorships for Clifford Sosin or other nominees. While …