Starboard Value

3 Stories

Activist Investor Wants to Scrub Entire Yahoo Board

Starboard says it's got 9 nominees to take over for floundering Internet company

(Newser) - Yahoo's entire board of directors should be swapped out, per an activist investor, and the AP reports that Starboard Value is going to nominate nine new board members Thursday, ratcheting up tensions between itself and the beleaguered Internet giant. The Wall Street Journal says it reviewed a letter from... More »

Olive Garden Investor Slams Chain Over ... Breadsticks

294-page manifesto also complains about asparagus length, logo, pasta water

(Newser) - Everyone who was lucky enough to nab an Olive Garden all-you-can-eat pass , get ready. Starboard Value, an investor trying to wrest control from Olive Garden's parent company, submitted a nearly 300-page filing to the SEC yesterday outlining that it takes umbrage with the restaurant's unlimited breadstick policy, stating... More »

Big Shareholder to AOL: That $1B Sale? Not Cutting It

Starboard Value continues to have 'serious concerns'

(Newser) - AOL's $1 billion deal to sell patents to Microsoft is a good first step, but major shareholder Starboard Value still has "serious concerns" about AOL's "poor operating performance," the activist hedge fund says in a letter to the AOL board. For that reason, Starboard Value... More »

3 Stories