activistletters
Silver Star (SLVS) Proxy Fight Heats Up as Hartman Pushes Independent Board Nominees After 70% NAV Decline
Summary
Al Hartman’s July 31, 2025 “Silver Star Proxy Discussion” accuses current leadership of destroying ~70% of NAV since
13D weekly report - July 28, 2025 to August 01, 2025
Table of content
Stilwell opens dialogue with Lake Shore Bancorp, Inc (LSBK) to unlock value
Key Summary: On July 31,
activistprofile
MNG Enterprises, Inc.
I. Basics
MNG is a private newspaper operator in the U.S. and a leader in local, multiplatform news and
activistcompany
GAMCO Backs Hearst Acquisition of DallasNews (DALN) after price increase
Key Summary: DallasNews agreed to a $14.00 per share cash merger with Hearst on July 9, 2025, but MNG
activistprofile
Brent Handler
I. Basics
Brent is a lifelong entrepreneur with a passion for building companies, leading high-performance teams, and transforming the way
activistcompany
Exclusive Resorts Challenges Buyerlink Deal with $39M Bid for Inspirato Inc (ISPO)
activistcompany
Stilwell intends to seek board representation at Lake Shore Bancorp, Inc (LSBK)
Key Summary: On July 31, 2025, Stilwell (9.4%) expressed intent to work with management and the board to enhance
activistletters
DallasNews (DALN) Faces MNG Enterprises’ $16.50 All-Cash Offer, Rejects in Favor of Lower Hearst Bid
Summary
MediaNews Group criticized the DallasNews Corporation board for rejecting its $16.50 per share all-cash offer—superior to Hearst’
activistletters
Hartman Urges Silver Star (SLVS) Shareholders to Reject Risky Strategy, Back Plan to Sell Assets and Return Capital
Summary
On July 29, 2025, the Hartman Group issued a letter criticizing Silver Star Properties’ current strategy, accusing management of
activismweekly
13D weekly report - July 21, 2025 to July 25, 2025
Table of content
Whitebox and Highbridge Push Recapitalization at Electra Battery Materials (ELBM)
Key Summary: On July 24, 2025, Whitebox
activistprofile
Highbridge Capital Management
I. Basics
Founded in 1992, Highbridge Capital Management is a global alternative investment firm offering credit and volatility focused solutions
activistprofile
Whitebox Advisors
I. Basics
Whitebox Advisors LLC (“Whitebox”) is a multi-strategy alternative asset manager that seeks to generate optimal risk-adjusted returns for
activistcompany
Whitebox and Highbridge Push Recapitalization at Electra Battery Materials (ELBM)
Key Summary: On July 24, 2025, Whitebox Advisors (9.9%) and Highbridge Capital Management (9.9%) disclosed active engagement with
activistletters
Silver Star (SLVS) Faces Hartman’s Attack on “New Direction Plan” After 70% NAV Collapse and Asset Fire Sales
Summary
The Hartman Shareholder Alliance strongly criticizes Silver Star Properties REIT’s “New Direction Plan,” calling it a complete failure
activistcompany
SandRidge Enters Confidentiality Agreement with Carl Icahn
Key Summary: On July 22, 2025, Carl Icahn and SandRidge entered into a confidentiality agreement tied to Brett Icahn’s
activistletters
Silver Star (SLVS) Faces Hartman’s Criticism After $278M Equity Loss, Occupancy Collapse, and SEC Violations
Summary
The Hartman Group blames Silver Star’s current leadership for destroying $278 million in equity over 33 months, citing
activistletters
Silver Star (SLVS) Faces Hartman’s Attack on “New Direction Plan” as NAV Collapses 70% Under Haddock
Summary
The Hartman Group rebuts Silver Star’s July 8 statements, accusing CEO Gerald Haddock and his allies of misleading
activistletters
Silver Star (SLVS) Triggers Second Poison Pill; Hartman Alliance Warns Shareholders Against Board’s Tactics
Summary
The Hartman Group accuses Silver Star of enacting a second "poison pill" to block shareholder action and
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