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Arkhouse Urges People Buyback and HQ Sale

Activist investor Arkhouse has called on media company People to repurchase 750 million dollars in shares and sell its New York headquarters. The firm argues these moves will address a substantial valuation discount.

Insights:
Chairman of IAC and Expedia Group Barry Diller attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 9, 2026.

Activist investor Arkhouse urged media company People to repurchase $750M in shares and sell its headquarters. The push targets a valuation discount in the United States.