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Benzinga
Benzinga
World
Robert Kuczmarski

Starboard Value Holds A 5% Stake In Splunk: Check Out These 2 Dividend Stocks Jeffrey Smith Also Has A Sizable Stake In

The activist investor Jeffrey Smith founded Starboard Value LP in 2002, seeking to invest in deeply undervalued companies and actively engage with management teams to identify and execute on opportunities to unlock value for the benefit of all shareholders. Smith is known for his corporate takeovers, and pushed for Office Depot or ODP Corp (NASDAQ:ODP) to acquire Office Max, after accumulating a 15% stake and controlling three board seats.

Also Read: Activist Investor Starboard Discloses Stake In Salesforce, Shares Soar

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