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MeadWestvaco is Still in Activist Investor Starboard's Sights
2015-01-27 17:48:45| Industrial Machines - Topix.net
That eleventh hour delay and an announced deal though may not be quite the panacea the company targeted by activist investor Starboard Value LP might expect. The merger announcement comes roughly eight months after Starboard founder Jeffrey Smith launched an activist campaign at the company with a June 2 letter to MeadWestvaco arguing that the business' "conglomerate structure" was obscuring its true value and urging it to consider a variety of strategic changes.
Tags: investor
activist
sights
meadwestvaco
Category:Industrial Goods and Services
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