The Latest Breaking News from Starboard

Does Activist Investing Work? These Success Stories Say Yes

Activist investors take stakes in companies to boost shareholder value. While not always successful, these five examples show activist investing can work.

Kiplinger · May 18, 2024

Activist Hedge Fund Starboard Targets Benefits Provider Alight

Starboard's interest in Alight could reshape the benefits services industry with potential strategic changes.

Top News · Feb 21, 2024

Parler, Right-Wing Platform, Set for Resurgence Ahead of Elections

Prepare for the powerful resurgence of Parler, the right-wing social media platform, as it announces its relaunch ahead of the 2024 elections.

Top News · Dec 20, 2023

Social media site Parler goes offline after acquisition

New deal comes after agreement with Kanye West fell apart.

Fortune · Apr 14, 2023

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

Benzinga · Oct 18, 2022

News Corp and Fox Corp's Possible Consolidation, Faster Lead Times For iPhone 14 Models, Kanye West Buys Conservative Social Media Platform, Twitter Prepares Tackling Spread Of Misinformation: Top Stories Monday, Oct. 17

Wall Street Journal Rupert Murdoch Explores News Corp and Fox Corp Consolidation

Benzinga · Oct 17, 2022

Why Kohl's Shares Are Plunging Today

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

Benzinga · Jul 1, 2022

Kohl's Gets $9 Billion Bid From Starboard Value Group

A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy department store Kohl's Corp., according to people familiar with the matter.

Bangkok Post · Jan 23, 2022