Thunderbird Entertainment Sees Proxy Fight With Activist Investor Heat Up

, which backs multiple projects filming Vancouver for U.S. studios and streamers, has dismissed a proxy fight heating up with activist investor Voss Capital.

“Thunderbird believes this proxy fight is a waste of time, energy and resources,” the company, led by CEO Jennifer Twiner McCarron, said in a statement on Thursday after delaying its annual shareholders meeting from Dec. 6 until early 2023. The Canadian producer added that Texas-based Voss Capital, which has a 13.3 percent stake in Thunderbird, was “mistaken” in arguing shareholder value could be unlocked by putting the company up for sale.

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