Is the Bwin.party over for board?
A REBEL investor is pushing for a boardroom shake-up at online gamer Bwin.party.
New York-based Jason Ader’s SpringOwl Asset Management is calling for the election of four new directors at the UK firm’s annual meeting on May 22.
Bwin shares have more than halved since 2010, taking its market value to under £1billion.
Ader said he told Bwin chief Norbert Teufelberger he was like Roger Federer and while he did not want to replace him he should “think about getting a different trainer, different coach, different racket”.