‘Vail Resorts has gone downhill,’ says activist investor Oasis
Oasis Management Company has narrowed its proxy fight with Vail Resorts Inc., dropping two of its four director candidates and urging shareholders to elect former Walt Disney CEO Robert Chapek and investor M. Ashton Hudson to the company's board at its Dec. 14 annual meeting. In a Nov. 2 letter sent to Vail shareholders, Oasis, whose funds own roughly 9.6 percent of Vail's outstanding common shares, said the revised slate reflects its continued effort to push for operational improvements, str...
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