Wizards of the Coast is the company responsible for famous games like Magic: the Gathering and Dungeons & Dragons
From 1999 onward, the company became a subsidiary of Hasbro, a company focused on toys like My Little Pony, Monopoly and other products
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Today, Hasbro is being pressured to spinoff WotC
Alta Fox Capital Management, which wons 2,5% of Hasbro, is the source of the urging
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According to them, Hasbro is underperforming despite WotC massive growth
In details, Hasbro isn't allocating resources as best as they can
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Apparently, Hasbro's poor communication with shareholders is also a problem
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The current Board members haven't purchased any shares in the past years, so this is also an argument that, if Hasbro was performing better, the shares would be more attractive to them
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Alta Fox also mentions Magic's problems, such as Arena issues and diminished competitive support as evidence that Hasbro isn't doing well as they could
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Finally, the main argument is that if WotC becomes separated, it will be easier to allocate resources to it and increase its performance even more