Searched for
STARBOARD VALUE
Titanic relic frozen in time quite literally: Titanic passenger's 18K Gold watch frozen at sinking moment up for auction—here's what it costsA rare 18-carat gold watch, frozen at the exact moment the Titanic sank, is up for auction. Belonging to first-class passenger Frederick Su...
Permira, Warburg near $8.2 billion deal for Clearwater Analytics, sources sayPermira and Warburg Pincus have agreed to take Clearwater private for $24.55 a share, reclaiming ownership of the asset they used to jointl...
Apple suppliers Qorvo and Skyworks will merge to create a chipmaker worth $22 billionQorvo shareholders will receive $32.50 in cash and 0.96 of a Skyworks common share for each Qorvo share held at the close of the transactio...
Apple supplier Skyworks held talks to buy $8 billion rival Qorvo: The InformationSkyworks Solutions, a key supplier of radio frequency chips for Apple and other smartphone brands, has reportedly been in discussions to ac...
Pfizer to cut stake in Sensodyne-maker Haleon to 7.3%, says bookrunnerPfizer is selling around 700 million ordinary shares in Haleon, reducing its stake from 15% to about 7.3%. This sale follows its earlier re...
Tinder-parent Match names insider Steven Bailey as new CFOSteven Bailey will replace incumbent Gary Swidler, who has been in the role for nearly a decade, on March 31. Swidler would, however, conti...
Wall Street mixed ahead of economic data; CPI in focusWall Street ended with mixed results as investors awaited key U.S. economic data and retailer earnings. The Dow Jones fell, while the S&P 5...
Starboard urges 'undervalued' GoDaddy to explore options including saleThe investment firm took a stake in the company in 2021 and is its third-largest shareholder, with an interest of 7.8%.
Salesforce CEO Marc Benioff shakes up top ranks: reportMiguel Milano has been appointed as the chief revenue officer, the source said, adding that Ariel Kelman will take over as Salesforce's chi...
Data-center operator Cyxtera files for bankruptcyMiami, Florida-based Cyxtera is a provider of co-location services, which allows companies to keep their privately-owned servers and networ...
Salesforce posts slowest quarterly revenue growth since 2010Shares of the San Francisco, California-based company fell nearly 5% in trading after the bell. They have surged by more than two-thirds so...
Salesforce signals strong position with buyback plan boost, upbeat forecastSalesforce Inc on Wednesday forecast first-quarter revenue above analysts' estimates and doubled its share repurchase to $20 billion, indic...
Salesforce appoints new board directors amid activist investor pressureThe company appointed chief executive of hedge fund ValueAct Capital Mason Morfit, Mastercard finance chief Sachin Mehra and former chief e...
Activist Elliott Management Corp to nominate directors at Salesforce: sourcesElliott, which invests more than $55 billion, is currently interviewing a number of people including technology industry executives and exe...
Activist investor Elliott Management takes stake in Salesforce: reportElliott has made many technology focused investments. It recently won a board seat at Pinterest Inc when the company added Elliott portfoli...
KKR invests $500 million in cloud storage firm Box, gets board seatDemand for Box's offerings including file sharing, cloud storage and cloud backup services have risen during the Covid-19 pandemic as emplo...
Yahoo CEO Mayer downplayed the biggest threat company is facingYahoo CEO Marissa Mayer downplayed the threat posed by activist investors for more than a year, dismissing the danger as a noisy distraction
As board weighs in, bell tolls for Yahoo chiefThe next fight could be coming to Yahoo's boardroom. And this time it could mean the end of the line for Marissa Mayer's tenure as Yahoo's ...
Yahoo CEO Marissa Mayer defends strategy in face of criticism"This team has now been in place for two years and we've achieved much more than many people realize," Mayer said.
Yahoo investors could reap $11 billion in breakupYahoo, now worth less than those Asian stakes, has put $1.3 billion toward takeovers since 2012, around the same time Mayer took the helm.