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#starboardvalue — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #starboardvalue, aggregated by home.social.

  1. US activist hedge fund Starboard Value initiates new positions worth $258 million each in Lamb Weston Holdings and CarMax, while boosting its Riot Platforms stake by 22% amid market corrections in consumer and crypto sectors
    #YonhapInfomax #StarboardValue #LambWeston #CarMax #RiotPlatforms #ActivistInvesting #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  2. US activist hedge fund Starboard Value initiates new positions worth $258 million each in Lamb Weston Holdings and CarMax, while boosting its Riot Platforms stake by 22% amid market corrections in consumer and crypto sectors
    #YonhapInfomax #StarboardValue #LambWeston #CarMax #RiotPlatforms #ActivistInvesting #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  3. US activist hedge fund Starboard Value initiates new positions worth $258 million each in Lamb Weston Holdings and CarMax, while boosting its Riot Platforms stake by 22% amid market corrections in consumer and crypto sectors
    #YonhapInfomax #StarboardValue #LambWeston #CarMax #RiotPlatforms #ActivistInvesting #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  4. US activist hedge fund Starboard Value initiates new positions worth $258 million each in Lamb Weston Holdings and CarMax, while boosting its Riot Platforms stake by 22% amid market corrections in consumer and crypto sectors
    #YonhapInfomax #StarboardValue #LambWeston #CarMax #RiotPlatforms #ActivistInvesting #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  5. Red Lobster was killed by private equity, not Endless Shrimp
    A decade ago, a hedge fund had an improbable viral comedy hit: a 294-page slide deck explaining why Olive Garden was going out of business,
    blaming the failure on too many breadsticks and insufficiently salted pasta-water!
    But – as David Dayen wrote at the time – the hedge fund that produced that slide deck, #StarboardValue, was not motivated by dissatisfaction with bread-sticks.
    They were "activist investors" (finspeak for "rapacious assholes") 🔸with a giant stake in Darden Restaurants, Olive Garden's parent company.
    They wanted Darden to liquidate all of Olive Garden's real-estate holdings
    and declare a one-off dividend that would net investors a billion dollars,
    while literally yanking the floor out from beneath Olive Garden,
    converting it from owner to tenant, subject to rent-shocks and other nasty surprises.
    In other words they wanted to asset-strip the company
    ("asset strip" is what they call it in hedge-fund land; the mafia calls it a "bust-out," famous to anyone who watched the twenty-third episode of The Sopranos)
    @pluralistic
    pluralistic.net/2024/05/23/spi

  6. CW: Long thread/3

    But the bro was working for #StarboardValue, a hedge fund that specialized in buhying out and killing off companies, pocketing billions while destroying profitable businesses.

    salon.com/2014/09/17/the_real_

    Starboard Value's game was straightforward: buy a business, load it with debt, sell off its physical plant - the buildings it did business out of - pay itself, and then have the business lease back the buildings, bleeding out money until it collapsed.

    3/

  7. Box wins proxy board battle with activist investor Starboard Value - A battle between Box and its majority shareholder Starboard Value over control of ... - feedproxy.google.com/~r/Techcr #cloudcontentmanagement #activistinvestors #starboardvalue #enterprise #aaronlevie #cloud #drama #box #tc

  8. Box reports earnings early to give shareholders time to review financials ahead of board vote - Box has been in an ongoing dispute with activist investors Starboard Value over co... - feedproxy.google.com/~r/Techcr #cloudcontentmanagement #activistinvestors #starboardvalue #enterprise #aaronlevie #cloud #drama #box

  9. Box takes fight with activist investor public in SEC filing - The war between Box’s current leadership and activist shareholder Starboard took a... - feedproxy.google.com/~r/Techcr #activistinvestors #starboardvalue #enterprise #aaronlevie #cloud #drama #box #tc

  10. Box beats expectations, raises guidance as it looks for a comeback - Box executives have been dealing with activist investor Starboard Value over the l... - feedproxy.google.com/~r/Techcr #cloudcontentmanagement #starboardvalue #enterprise #aaronlevie #earnings #cloud #saas #box #tc

  11. Activist investor Starboard Value makes official bid for Box board seats in letter - Last week activist investor Starboard delivered a public letter rebuking the compa... - feedproxy.google.com/~r/Techcr #activistinvestors #starboardvalue #enterprise #aaronlevie #cloud #drama #box #tc

  12. Starboard Value puts Box on notice that it’s looking to take over board - Activist investor Starboard Value is clearly fed up with Box and it let the cloud ... - feedproxy.google.com/~r/Techcr #cloudcontentmanagement #activistinvestors #starboardvalue #enterprise #finance #cloud #box #tc

  13. As activist investors loom, what’s next for Box? - Box could be facing troubled times if a Reuters story from last week is accurate. Activist investor ... - feedproxy.google.com/~r/Techcr #eccloudandenterpriseinfrastructure #activistinvestors #starboardvalue #enterprise #aaronlevie #cloud #saas #box #tc

  14. Activist investor Starboard Value taking three Box board seats as involvement deepens - When activist investors Starboard Value took a 7.5% stake in Box last September, there was reasonab... more: feedproxy.google.com/~r/Techcr #activistinvestors #starboardvalue #enterprise #aaronlevie #finance #cloud #drama #saas #box #tc