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Lessons On Activist Investing From Starboard Value's Jeffrey Smith
Monday, May 11, 2015 - 1:18pm | 493Read More...There is a general Street perception that companies and managements fear activist investors or have a strong dislike toward the industry. However, according to Jeffrey Smith, founder CEO and CIO of Starboard Value LP, that's not always the case nor an accurate representation of the profession...
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Starboard Pressures Yahoo, Sees 25% Gains
Monday, March 9, 2015 - 10:32am | 202Read More...Activists investors at Starboard Value have been outspoken about how Yahoo! Inc. (NASDAQ: YHOO) CEO Marissa Mayer has managed the company. Though they are supportive of the tax-free spinoff of Alibaba Group Holding Ltd (NYSE: BABA), the investors released another scathing letter that chides the...
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Staples Gets More Activist Pressure On Board Membership
Wednesday, March 4, 2015 - 12:40pm | 241Read More...Staples, Inc. (NASDAQ: SPLS)'s activist shareholder Starboard Value pushed Wednesday for changes to the company's board in a letter lauding its planned $6.3 billion acquisition of Office Depot Inc. (NASDAQ: ODP). Staples changed hands recently at $16.67, down $0.14. Starboard's...
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Brian Sozzi's 3 Reasons Why Staples And Office Depot Should Not Merge
Thursday, January 22, 2015 - 10:01am | 459Read More...Brian Sozzi of Belus Capital Advisors recently listed three reasons why Staples, Inc. (NASDAQ: SPLS) should not merge with Office Depot Inc (NASDAQ: ODP). Sozzi’s comments were prompted by an initiative from activist investor Starboard Value, which feels that the time is right for...
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Why Shares Of Insperity Were Trading Higher Wednesday Morning
Wednesday, January 21, 2015 - 9:22am | 175Read More...Shares of Insperity Inc (NYSE: NSP) were trading higher in Wednesday's pre-market session after activist investor Starboard Value reported a 13.2 percent ownership stake in the company after Tuesday's market close. Shares of Insperity recently traded at $38.55, up 6 percent in the premarket....
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Activist Investors Picking Up Where They Left Off
Saturday, January 10, 2015 - 2:05pm | 548Read More...Love them or hate them, activist investors have been making their presence known over the past five years, and it looks like 2015 will be no exception. This week, Trian Fund Management LP, led by activist investor Nelson Peltz, squared up for a standoff with E I Du Pont De Nemours And Co (NYSE:...
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B Riley & Co's Scott Tilghman On Possibility Of Staples, Office Depot Merger: 'There's A Lot Of Cost-Savings To Be Had There'
Monday, December 15, 2014 - 2:05pm | 180Read More...Speaking about Starboard Value’s rumored interest in combining Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), B Riley & Co Analyst Scott Tilghman said that without a doubt, putting two companies in a similar industry with a similar footprint together will drive...
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B Riley & Co Analyst Scott Tilghman: Staples CEO Has Been Public About Dislike For Office Depot
Monday, December 15, 2014 - 2:00pm | 168Read More...When asked about the possibility of Starboard Value seeking a merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), B Riley & Co Analyst Scott Tilghman told Benzinga that Staples management, and its CEO especially, has been public about its dislike for Office Depot...
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B Riley & Co's Scott Tilghman: Little Concern From FTC On Merging Office Supplies Retailers
Monday, December 15, 2014 - 1:59pm | 126Read More...Scott Tilghman, B Riley & Co analyst, told Benzinga that there would probably be no regulatory issues with a merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP). “If we go back to what was published by the FTC in November of a year ago, we see that from a...
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B Riley & Co Analyst Scott Tilghman: 'Office Depot Management Does Great Job At Recognizing Synergy Opportunities'
Monday, December 15, 2014 - 1:11pm | 107Read More...When asked about the possibility of a merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), B Riley & Co Analyst Scott Tilghman said that the Office Depot management team and CEO Roland Smith, in particular, have done an “incredible job” at recognizing...
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B Riley & Co Analyst Scott Tilghman: 'Combination Of Office Depot, Staples In Some Form Or Fashion Has Been Speculated About For Years'
Monday, December 15, 2014 - 1:10pm | 106Read More...Speaking to Benzinga, B Riley & Co Analyst Scott Tilghman said that a merger of Office Depot Inc (NASDAQ: ODP) and Staples, Inc. (NASDAQ: SPLS) has been “in some form or fashion” speculated about for a number of years. “The first step in that process was really, in many...
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Starboard Value Acquires 6% Stake In Staples, Boosts Stake In Office Depot
Thursday, December 11, 2014 - 9:12am | 179Read More...The activist investor fund Starboard Value has accumulated a roughly 6 percent ownership stake in Staples, Inc. (NASDAQ: SPLS) and boosted its stake in Office Depot Inc (NYSE: ODP) to around 10 percent from a previous 8.6 percent stake, The Wall Street Journal reported. Starboard Value could...
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Starboard Said to Raise Stake in Office Depot, Build Stake in Staples
Wednesday, December 10, 2014 - 10:57pm | 105Read More...Activist investor Starboard Value has reportedly raised its stake in Office Depot, Inc. (NASDAQ: ODP) to 10% from 8.6% and has built a roughly 6% stake in Staples, Inc. (NASDAQ: SPLS), according to sources, as reported by the Wall Street Journal on Wednesday. Filings for the transactions are...
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Starboard Value Losing Patience With RealD
Wednesday, October 29, 2014 - 1:24pm | 270Read More...Activist hedge fund Starboard Value disclosed a 9.9 percent stake in RealD (NYSE: RLD) on October 1. At the same time, the fund offered to acquire the remainder of the company it did not already own for $12 per share, a 29 percent premium to the October 1 closing price. The following day, RealD...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950Read More...U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
