Activist investor Starboard Value wants payments firm ACI Worldwide to put itself up for sale. Starboard is a significant shareholder with a 9 percent stake in ACI, which means that its letter released on Wednesday (Dec. 2) urging a deal is likely to get at least...
Activist investor Starboard Value already has 10.5 million shares — a 9 percent stake — in payments giant ACI Worldwide but is now eyeing the company for a potential takeover, according to a Reuters report on Thursday (Oct. 22). Get the Full Story Complete the...
Starboard Value, an activist investor, said it has nominated four new directors to eBay’s board, and has asked the company to search for external candidates to fill its CEO job, according to Reuters. Get the Full Story Complete the form to unlock this article and...
Apparently it’s a bad day when Starboard Value sends you a letter. The activist investor group is well known for impatience and the dramatic demands it makes to the companies it invests in. In fact, Starboard Chairman Jeff Smith was named the “investor CEOs fear...
January 23, 2022
There’s been a bid to buy Kohl’s for $9 billion from a group backed by Starboard Value LP, The Wall Street Journal (WSJ) reported Friday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
October 23, 2020
Activist investor Starboard Value already has 10.5 million shares — a 9 percent stake — in payments giant ACI Worldwide but is now eyeing the company for a potential takeover,...
March 19, 2020
Starboard Value, an activist investor, said it has nominated four new directors to eBay’s board, and has asked the company to search for external candidates to fill its CEO job,...
